Business
Ansell (ASX:ANN) share price jumps on share buyback news
Ansell Limited (ASX: ANN) shares are on the rise this morning after the company provided an update regarding its share buyback program. At the time of writing, the Ansell share price has edged 1.68% higher to $37.47.
Let’s take a look at what the company announced.
What did Ansell announce?
In a statement to the ASX this morning, the personal protection and glove manufacturer announced it may recommence its share buyback program from 5 March 2021. This date is the day after the company’s dividend reinvestment program pricing period concludes.
Ansell had previously announced, at its November 2020 AGM, that it would pause the share buyback program for 12 months. The buyback, which was announced in October 2019, was initiated due…
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