Glanbia plc

GL9

IE0000669501

Food Processing

Market Closed - Irish S.E. Other stock markets 16:55:00 28/06/2024 BST			5-day change	1st Jan Change
18.2 ^EUR	-0.55%		-3.55%	+22.07%

06-27	Glanbia completes EUR50 million share buyback	AN
05-10	Glanbia plc Announces Directorate Change	CI

Glanbia completes EUR50 million share buyback

June 27, 2024 at 10:22 am

Glanbia PLC - London-based sports nutrition company - Completes EUR50 million buyback, repurchasing 2.8 million shares at an average price of EUR17.95 in Dublin. Following cancellation of repurchased shares, Glanbia will have 262.3 million shares in issue.

Glanbia plans to buyback EUR100 million in shares during 2024, it announce back in February. This is the same amount as carried out in 2023.

Current stock price: EUR18.22, down 5.1% on Thursday

12-month change: up 35%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Glanbia plc

Glanbia completes EUR50 million share buyback	06-27	AN
Glanbia plc Announces Directorate Change	05-10	CI
Glanbia reaffirms guidance as strong demand drives solid first quarter	05-01	AN
Transcript : Glanbia plc, Q1 2024 Interim Management Statement Call, May 01, 2024	05-01
Glanbia Logs Decline in Q1 Group Revenue, Affirms FY24 Adjusted EPS Guidance	05-01	MT
Tranche Update on Glanbia plc's Equity Buyback Plan announced on February 28, 2024.	05-01	CI
Glanbia plc Announces Board and Committee Changes	05-01	CI
Glanbia Completes Flavor Producers Purchase	04-29	MT
Glanbia plc completed the acquisition of Flavor Producers, LLC from Aroma Holding Company, LLC.	04-26	CI
The FTSE 100 Closed Down 0.4% Amid Concerns Over Tension Escalation in the Middle East	04-15	DJ
Global markets live: Goldman Sachs, Apple, Salesforce, Boeing Tesla...	04-15
Glanbia to purchase US flavouring business for up to USD355 million	04-15	AN
Correction: Ireland's Glanbia to Buy US-based Flavor Producers	04-15	MT
Ireland's Glanbia to Buy US-based Flavor Producers	04-15	MT
Mitie unveils buyback; Inchcape sells UK retail arm	04-15	AN
Glanbia plc agreed to acquire Flavor Producers, LLC from Aroma Holding Company, LLC for $355 million.	04-15	CI
Origin Enterprises appoints Glanbia's Colm Purcell as finance chief	04-02	AN
Origin Enterprises Appoints Glanbia Exec as New CFO	04-02	MT
FTSE 100 Ends Sharply Down as Reckitt Benckiser, St. James's Place Dive	02-28	DJ
Glanbia begins first half of EUR100 million share buyback as profit up	02-28	AN
Glanbia Commences EUR50 Million Buyback Program	02-28	MT
Transcript : Glanbia plc, 2023 Earnings Call, Feb 28, 2024	02-28
Glanbia Posts Higher FY23 Attributable Profit; Revenue Slides Down	02-28	MT
Glanbia plc Recommends Final Dividend for 2023, Payable on 3 May 2024	02-28	CI
Glanbia plc Reports Earnings Results for the Full Year Ended December 30, 2023	02-28	CI

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Company Profile

Glanbia plc specializes in the production and commercialization of dairy, nutritional and food products for the food and pharmaceutical industries. Net sales break down by product family as follows: - nutritional and functional ingredients (66.9%): dairy, vegetable and functional proteins, nutrients (vitamins, trace elements, minerals, etc.), nutritional supplements for children, bioactive ingredients, etc. for dairy and non-dairy products (drinks, cereal bars, snacks, sauces, animal feed, etc.). The group is also developing a cheese production activity; - performance nutrition products (33.1%; world n°1): notably sports nutrition products (Optimum Nutrition, BSN, Isopure, thinkThin, Nutramino, ABB, Body & Fit and Amazing Grass brands). Net sales are distributed geographically as follows: Ireland (0.3%), Europe (8.7%), the United States (79.2%), North America (2%), Asia/Pacific (7%), Latin America (1.8%) and other (1%).

Sector

Food Processing

Calendar

14/08/2024 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

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Ratings for Glanbia plc

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.2 EUR

Average target price

20.78 EUR

Spread / Average Target

+14.18%

Consensus

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Company calendar

Sector Dairy Products

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EMMI AG	-2.52%	5.29B
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THE A2 MILK COMPANY LIMITED	+54.35%	3.13B

Dairy Products

Glanbia plc

Equities

GL9

IE0000669501

Food Processing

Glanbia completes EUR50 million share buyback

EPS Revisions