Fevertree Drinks ( (GB:FEVR) ) has shared an update.
Fevertree Drinks PLC has executed a share buyback program, purchasing 40,844 ordinary shares at prices ranging from 793.50 to 806.00 pence per share, with a weighted average price of 798.6542 pence. This move, authorized by shareholders, aims to cancel the purchased shares, potentially impacting the company’s stock value and signaling confidence in its financial health.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for its premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixer products that cater to both domestic and international markets.
YTD Price Performance: 29.57%
Average Trading Volume: 7,691
Technical Sentiment Signal: Buy
Current Market Cap: $1.37B
Find detailed analytics on FEVR stock on TipRanks’ Stock Analysis page.