MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


IN BRIEF: AB Foods starts first half of £500 million share buyback

ALN

Associated British Foods PLC - London-based retailer and food manufacturer - Starts on Wednesday the £500 million share buyback it announced with its annual results on Tuesday. The first tranche of £250 million will be run by Swiss bank UBS AG and be completed by April 15 next year. A second tranche also will be worth £250 million. AB Foods has a market capitalisation of £17.83 billion. The Primark store chain owner on Tuesday said pretax profit rose 43% to £1.92 billion in the 52 weeks that ended September 14 from £1.34 billion the year prior.

Current stock price: 2,405.00 pence, up 1.8% in London on Wednesday

12-month change: up 14%

Copyright 2024 Alliance News Ltd. All Rights Reserved.