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IN BRIEF: AB Foods begins second half of GBP500 million share buyback

Fri, 21st Feb 2025 08:45

Associated British Foods PLC - London-based retailer and food maker - Starts on Friday the GBP250 million second tranche of a GBP500 million share buyback programme launched in November. The second tranche will be run by Barclays Capital Securities Ltd, while the first was conducted by UBS AG. It will be completed by August 21, AB Foods says.

Current stock price: 1,905.00 pence for GBP13.88 billion market capitalisation

12-month change: down 17%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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