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Tate & Lyle Boosts Capital Strategy with Share Buyback

Tate & Lyle Boosts Capital Strategy with Share Buyback

Tate & Lyle (GB:TATE) has released an update.

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Tate & Lyle has repurchased 186,445 ordinary shares as part of its ongoing share buyback program, with the shares priced between £7.30 and £7.41. The repurchased shares will be held in treasury, contributing to a total of 27,193,205 shares in treasury and 449,531,016 shares in issue. This move reflects the company’s strategic efforts to manage its capital and enhance shareholder value.

For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.

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