1st Oct 2025 07:05
Glanbia PLC - Kilkenny, Ireland-based sports nutrition company - Tirlan Co-operative Society Ltd plans to sell up to 17.0 million Glanbia shares, a 7% stake, to finance the repurchase of EUR250 million in Trilan bonds, Glanbia announces after the London market close on Tuesday. The share sale is being conducted as an accelerated bookbuild led by Goodbody Stockbrokers and J&E Davy. Glanbia will participate by purchasing up to 45% of the shares on offer, spending up to EUR100 million, as part of its share buyback programme. The 17 million shares are worth about EUR238.2 million at Tuesday's closing price.
Current stock price: EUR14.01
12-month change: down 11%
By Tom Waite, Alliance News editor
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