Associated British Foods PLC - London-based retailer and food maker - Starts on Friday the £250 million second tranche of a £500 million share buyback programme launched in November. The second tranche will be run by Barclays Capital Securities Ltd, while the first was conducted by UBS AG. It will be completed by August 21, AB Foods says.

Current stock price: 1,905.00 pence for £13.88 billion market capitalisation

12-month change: down 17%

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