TipRanks

Notifications

Tate & Lyle Boosts Capital Strategy with Share Buyback

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

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.

Tags: ,
TipRanks UK Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.