Tate & Lyle PLC
LSE:TATE
TATE's latest stock split occurred on May 3, 2022
The company executed a 6-for-7 stock split, meaning that for every 7 shares held, investors received 6 new shares.
Before the split, TATE traded at 777.0002 per share. Afterward, the share price was about 781.0936.
The adjusted shares began trading on May 3, 2022. This was the only stock split in TATE's history.
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Tate & Lyle PLC
Glance View
Tate & Lyle PLC, with its roots tracing back to the 19th century, has evolved from a traditional sugar refining business into a global leader in the specialty food and beverage ingredient industry. The company, now headquartered in London, has shed much of its historical sugar identity, focusing instead on producing ingredients that enhance texture, sweetness, and nutritional profile in products worldwide. Its strategy pivot reflects a response to modern consumers’ increasing demand for healthier and more sustainable food options. This transformation is evident in its diverse product portfolio, including sweeteners, texturants, and stabilizers, which are pivotal to creating appealing and healthier food experiences without compromising on taste or functionality. The company's business model capitalizes on partnerships with some of the largest food and beverage manufacturers globally. Tate & Lyle makes money by innovating and supplying customized ingredient solutions that align with consumer trends, such as sugar and calorie reduction, fiber fortification, and plant-based alternatives. By focusing on strong research and development, the company stays at the forefront of scientific advancements, integrating cutting-edge food technology with a deep understanding of market demands. The commitment to sustainability and innovation not only fuels its growth but also ensures it contributes to shaping the future of food in a market that is ever more conscious about health and environmental impacts.
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