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Fevertree Executes Share Buyback to Enhance Shareholder Value

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Fevertree Executes Share Buyback to Enhance Shareholder Value

Fevertree Drinks ( (GB:FEVR) ) has shared an update.

Fevertree Drinks PLC, a company known for its premium mixer drinks, announced the repurchase of 118,647 ordinary shares as part of its buyback program. This move, executed through Investec Bank, is intended to cancel the purchased shares, potentially enhancing shareholder value by reducing the number of shares outstanding.

More about Fevertree Drinks

YTD Price Performance: 4.56%

Average Trading Volume: 8,681

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.14B

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

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