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Kerry Group Advances €300 Million Share Buyback Initiative

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Kerry Group Advances €300 Million Share Buyback Initiative

Kerry Group plc ( (GB:KYGA) ) has issued an update.

Kerry Group plc has announced the purchase of 25,000 A ordinary shares on Euronext Dublin as part of its ongoing €300 million share buyback program. This initiative, which commenced in late 2024, is designed to optimize the company’s capital structure and enhance shareholder value, reflecting a strategic move to strengthen its industry positioning and market confidence.

More about Kerry Group plc

Kerry Group plc operates in the food industry, focusing on taste and nutrition solutions for the food, beverage, and pharmaceutical markets. It provides ingredients and expertise to enhance the quality and functionality of food products.

YTD Price Performance: 6.60%

Average Trading Volume: 58,542

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.29B

Find detailed analytics on KYGA stock on TipRanks’ Stock Analysis page.

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