Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has intensified its share buyback initiative by acquiring 10,000 A ordinary shares on Euronext Dublin, with plans to buy back shares worth up to €300 million by June 2025. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value. Following this transaction, Kerry Group will have 169,587,589 ordinary shares in circulation.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.