tiprankstipranks
Company Announcements

Kerry Group Advances €300 Million Share Buyback Program

Story Highlights
Kerry Group Advances €300 Million Share Buyback Program

Kerry Group plc ( (GB:KYGA) ) just unveiled an update.

Kerry Group plc has announced the repurchase of 18,913 of its A ordinary shares on Euronext Dublin as part of its ongoing share buyback program, which aims to repurchase shares worth up to €300 million by June 2025. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.

More about Kerry Group plc

Kerry Group plc is a company operating in the food industry, primarily focusing on the production and distribution of food ingredients and flavors. The company is known for its innovative solutions in the food and beverage sector, catering to a global market.

YTD Price Performance: 6.27%

Average Trading Volume: 57,687

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.17B

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1