Glanbia plc, a Better Nutrition company, has announced a further share buyback program commencing on June 4, 2025, with a total value of up to €50 million. This initiative aims to reduce the companys share capital by repurchasing and canceling shares. The program is authorized under the €100 million share buyback plan announced earlier in February 2025.
The company has appointed J&E Davy as the principal to execute the share purchases within predefined parameters. The buyback program will run until December 31, 2025, unless terminated earlier per the agreement with Davy and the companys authority.
Davy will act independently when purchasing the shares, and the program will adhere to the relevant regulations and the companys general authority to repurchase shares, as approved by shareholders at the 2025 AGM.
The share buyback is subject to specific limitations and will be conducted per the Euronext Dublin Listing Rules, the Market Abuse Regulation, and the rules of the Central Bank of Ireland.
Key contacts for further information are provided, including representatives from Glanbia plc and Davy. The announcement is distributed by RNS, the news service of the London Stock Exchange, and users are advised to refer to the terms and conditions related to the use and distribution of this information.