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Tate & Lyle Boosts Shareholder Value with Buyback

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

Tate & Lyle has repurchased 190,756 of its ordinary shares as part of its ongoing share buyback program, paying a volume-weighted average price of £7.41 per share. These shares will be held in treasury, contributing to a total of 25,309,932 shares in treasury and 451,412,801 shares in circulation. This move reflects the company’s strategic efforts to enhance shareholder value.

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

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