---
title: "Associated British Foods Cancels Further Shares After Buyback on 26 January"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273733118.md"
description: "Associated British Foods (GB:ABF) has executed a buyback of 106,853 ordinary shares on January 26, 2026, at an average price of 1,886.42 pence per share, with plans to cancel these shares. This action is part of its capital return strategy, aimed at supporting earnings per share and reflecting management's confidence in the company's financial health. The latest analyst rating for ABF stock is a Hold, with a price target of £2058.00, while Spark's AI Analyst rates it as Neutral, citing stable finances but challenges in revenue growth and cash flow generation."
datetime: "2026-01-26T17:37:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273733118.md)
  - [en](https://longbridge.com/en/news/273733118.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273733118.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273733118.md) | [繁體中文](https://longbridge.com/zh-HK/news/273733118.md)


# Associated British Foods Cancels Further Shares After Buyback on 26 January

### Claim 50% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

An announcement from Associated British Foods ( (GB:ABF) ) is now available.

Associated British Foods has continued its share repurchase programme with the on-market buyback of 106,853 ordinary shares on 26 January 2026, at an average price of 1,886.42 pence per share, executed by UBS across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel all of these shares, a move that marginally reduces the share count and underscores its ongoing capital return strategy, which may support earnings per share and signals management’s confidence in the group’s financial position.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2058.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.

**Spark’s Take on GB:ABF Stock**

According to Spark, TipRanks’ AI Analyst, GB:ABF is a Neutral.

Associated British Foods has a stable financial foundation with strong operational efficiency, but faces challenges in revenue growth and cash flow generation. The technical indicators show mixed signals, and the valuation is reasonable with a moderate dividend yield. The recent earnings call highlighted both strategic initiatives and ongoing challenges, particularly in the sugar segment and European markets. These factors collectively result in a moderate overall stock score.

To see Spark’s full report on GB:ABF stock, click here.

**More about Associated British Foods**

Associated British Foods is a diversified international food, ingredients and retail group, best known in the consumer market for its Primark apparel chain alongside operations in sugar, grocery and agricultural products. Listed in London, it targets both UK and global markets through a mix of branded consumer goods, food ingredients and value-focused retail offerings.

**Average Trading Volume:** 915,597

**Technical Sentiment Signal:** Sell

**Current Market Cap:** £13.28B

See more insights into ABF stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [Associated British Foods plc (ABF.UK)](https://longbridge.com/en/quote/ABF.UK.md)

## Related News & Research

- [Associated British Foods Cancels 70,000 Shares in Ongoing Buyback](https://longbridge.com/en/news/281555095.md)
- [Bernstein Keeps Their Hold Rating on Associated British Foods (ABF)](https://longbridge.com/en/news/273955214.md)
- [GB Group cancels newly repurchased shares under extended buyback](https://longbridge.com/en/news/281477516.md)
- [Grafton Group Cancels Further Shares Under Ongoing Buyback Programme](https://longbridge.com/en/news/281475469.md)
- [Genuit Strategy Chief Buys Shares in Regulatory-Disclosed Deal](https://longbridge.com/en/news/281346847.md)