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Fevertree Drinks Announces Share Buyback Program

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Fevertree Drinks Announces Share Buyback Program

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The latest update is out from Fevertree Drinks ( (GB:FEVR) ).

Fevertree Drinks PLC has announced the repurchase of 118,609 ordinary shares as part of a buyback program, with plans to cancel these shares. This move is in line with the authority granted by its shareholders and aims to optimize the company’s capital structure, potentially enhancing shareholder value and market confidence.

More about Fevertree Drinks

Fevertree Drinks PLC is a company in the beverage industry, primarily known for producing premium mixers such as tonic water, ginger beer, and other carbonated beverages. The company focuses on the premium drinks market, catering to consumers seeking high-quality mixers to complement their spirits.

YTD Price Performance: 9.11%

Average Trading Volume: 9,126

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.2B

For detailed information about FEVR stock, go to TipRanks’ Stock Analysis page.

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