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Kerry Group Advances €300 Million Share Buyback Program
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Kerry Group Advances €300 Million Share Buyback Program

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

Kerry Group plc has announced a transaction involving the repurchase and cancellation of 16,655 of its A ordinary shares as part of its ongoing €300 million share buyback program, which is scheduled to continue until June 30, 2025. This move is part of Kerry’s strategic effort to optimize its capital structure and enhance shareholder value, reflecting confidence in the company’s market positioning and future prospects.

More about Kerry Group plc

Kerry Group plc operates in the food industry, focusing on providing taste and nutrition solutions. Its primary products include a range of food and beverage ingredients and flavors, with a market focus on enhancing the quality and taste of consumer food products globally.

YTD Price Performance: 6.71%

Average Trading Volume: 57,821

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.25B

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

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