Fevertree Drinks ( (GB:FEVR) ) has shared an announcement.
Fevertree Drinks PLC announced the repurchase of 78,389 of its ordinary shares as part of a buyback program authorized by shareholders. The shares were purchased at prices ranging from 714 to 726 pence and will be canceled, potentially impacting the company’s share value and market perception by reducing the number of shares outstanding.
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 producing high-quality tonic waters, ginger ales, and other mixers that cater to both retail and hospitality sectors, positioning itself as a leader in the premium mixer market.
YTD Price Performance: 8.22%
Average Trading Volume: 8,774
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.15B
For detailed information about FEVR stock, go to TipRanks’ Stock Analysis page.