Glanbia plc (ISE:GL9) commences share repurchases on June 23, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 5, 2022. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The minimum price which may be paid for any ordinary share shall be an amount equal to the nominal value thereof.

The maximum price which may be paid for any ordinary share shall be the higher of 5% above the average of the closing prices of the company's ordinary shares taken from the the Euronext Dublin Daily Official List and/or the London Stock Exchange Daily Official List, in each case for the five trading days prior to the day the repurchases is made or if on any trading day there shall be no dealing of ordinary shares on the trading venue where the purchase is carried out or a closing price is not otherwise available. The program will be valid till the next Annual General Meeting or August 4, 2023, unless previously varied, revoked or renewed by special resolution.