tiprankstipranks
Company Announcements

Fevertree Drinks PLC Announces Share Buyback

Story Highlights
Fevertree Drinks PLC Announces Share Buyback

Fevertree Drinks ( (GB:FEVR) ) has provided an announcement.

Fevertree Drinks PLC announced the repurchase of 118,647 of its ordinary shares as part of a buyback program initiated on February 17, 2025. The shares were bought at prices ranging from 671.50 to 682.50 pence and will be canceled, potentially impacting the company’s share value and market perception by reducing the number of outstanding shares.

More about Fevertree Drinks

Fevertree Drinks PLC operates in the beverage industry, specializing in the production of premium mixers. The company is known for its high-quality tonic waters, ginger ales, and other carbonated drinks, catering primarily to the upscale market segment.

YTD Price Performance: 1.98%

Average Trading Volume: 8,477

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.07B

For an in-depth examination of FEVR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1