Glanbia plc (GLB.L) announced that it will initiate a share buy-back program today, with a total value of up to 50 million euros. This buy-back program is part of the 100 million euros share buyback authority disclosed by the company on February 28, 2024.
The company has entered into an agreement with J&E Davy to act as principal in relation to the purchase of the Company's Shares, within certain pre-set parameters.
The share buy-back program will run from 14 August 2024, through to 19 December 2024, unless otherwise terminated in accordance with the Company's agreement with Davy and prevailing authority, the company said.
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