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Glanbia initiates €50 million share buyback program
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Glanbia initiates €50 million share buyback program

#Glanbia #Share Buyback #Dublin #Corporate Finance #Stock Market #Regulatory Compliance #J&E Davy #Euronext

📌 Key Takeaways

  • Glanbia launches €50 million share buyback program as part of €100 million initiative
  • Program runs through September 30, 2026, with J&E Davy appointed as principal purchaser
  • Buyback operates under shareholder authority from April 2025 AGM
  • Program complies with multiple regulatory frameworks including Euronext and EU regulations

📖 Full Retelling

Glanbia plc announced Tuesday in Dublin it will commence a €50 million share buyback program as part of a larger €100 million initiative to reduce the company's share capital through share cancellation. The Irish food and nutrition company revealed that the buyback program, beginning February 25, 2026 and running through September 30, 2026, will be executed by J&E Davy, who has been appointed as principal for purchasing the company's shares within predetermined parameters. Under the agreement, Davy will make purchase decisions independently of the company, with transactions permitted to continue during closed periods. The buyback operates under the general authority granted by shareholders at Glanbia's April 30, 2025 Annual General Meeting, which approved repurchases of up to 10% of issued share capital.

🏷️ Themes

Corporate Finance, Stock Market, Regulatory Compliance

📚 Related People & Topics

Corporate finance

Corporate finance

Framework for corporate funding, capital structure, and investments

Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporat...

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Share repurchase

Reacquisition by a company of its own shares

Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. It is an alternative way of returning money to shareholders than dividends. After a repurchase event, the company's stock price is now proportionally higher because of the smaller num...

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Glanbia

Irish global food corporation

Glanbia plc ( GLON-bee-ə) is an Irish multinational nutrition company that owns several consumer brands that produce products such as food supplements and ingredients businesses. Glanbia is headquartered in Kilkenny, Ireland with over 5,500 employees in over 30 countries around the world. Glanbia’s ...

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Dublin

Dublin

Capital and largest city of Ireland

Dublin is the capital and largest city of Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the province of Leinster, and is bordered on the south by the Dublin Mountains, part of the Wicklow Mountains range. Dublin is the largest city by population on the island of Ireland;...

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Stock market

Stock market

Place where stocks are traded

# Stock Market A **stock market**, also referred to as an **equity market** or **share market**, is the complex aggregation of buyers and sellers of stocks (shares). These financial instruments represent ownership claims on businesses and serve as a primary vehicle for capital allocation and corpor...

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Entity Intersection Graph

Connections for Corporate finance:

🏢 Share repurchase 4 shared
🌐 London Stock Exchange 2 shared
🌐 Acquisition 2 shared
👤 Peter Davis 1 shared
🏢 BOC Aviation 1 shared
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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry AMD stock surges 14% on Meta AI partnership deal Gold prices rise 1% as tariff jitters aid haven demand; silver, platinum rally Bitcoin slips, wipes out 50% from October record high at session low Wall Street ends higher on tech rebound ahead of State of the Union address (South Africa Philippines Nigeria) Glanbia initiates €50 million share buyback program By Investing.com Company News Published 02/25/2026, 02:32 AM Glanbia initiates €50 million share buyback program 0 GL9 0.79% DUBLIN - Glanbia plc announced Tuesday it will commence a share buyback program valued at up to €50 million, according to a press release statement. The program, which begins today and runs through September 30, 2026, forms part of a €100 million share buyback initiative announced by the company the same day. Shares purchased under the program will be cancelled to reduce the company’s share capital. Glanbia has appointed J&E Davy to act as principal for purchasing the company’s shares within predetermined parameters. Under the agreement, Davy will make purchase decisions independently of the company, with transactions permitted to continue during closed periods. The buyback operates under the general authority granted by shareholders at the company’s April 30, 2025 Annual General Meeting, which approved repurchases of up to 10% of issued share capital as of March 18, 2025. The original authorization covered 25,634,283 ordinary shares, reduced to 13,865,688 shares following previously completed buybacks totaling 11,769,595 shares. The current repurchase authority expires at the close of business on April 29, 2026, coinciding with the company’s next Annual General Meeting. Continuation of the buyback program beyond that date requires shareholder approval of a new repurchase authority at the April 2026 meeting. The program complies with Chapter 9 of the Euronext Dublin Listing Rules, Market Abuse Regulation 596/2014/EU, and Commission D...
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