Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has repurchased 378,645 of its ordinary shares from Merrill Lynch International as part of its ongoing share buyback program. The shares were bought at prices ranging from £7.69 to £7.86 per share and will be held in treasury, reflecting the company’s commitment to returning value to shareholders. This move aligns with Tate & Lyle’s strategic financial management goals, potentially impacting investor sentiment positively.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.