An update from Kerry Group plc ( (GB:KYGA) ) is now available.
Kerry Group plc announced the purchase of 7,031 of its A ordinary shares on Euronext Dublin, as part of its ongoing €300 million share buyback program set to conclude by June 2025. This move, which involves canceling the repurchased shares, is part of Kerry’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Kerry Group plc
Kerry Group plc operates in the food and beverage industry, focusing on taste and nutrition solutions. The company provides a wide range of products and services aimed at enhancing the flavor and nutritional value of food and beverages, catering to a global market.
YTD Price Performance: 8.25%
Average Trading Volume: 56,918
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.78B
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.