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Kerry Group Advances €300 Million Share Buyback Program

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Kerry Group Advances €300 Million Share Buyback Program

The latest announcement is out from Kerry Group plc ( (GB:KYGA) ).

Kerry Group plc announced the purchase and cancellation of 4,155 of its A ordinary shares as part of a buyback program valued at up to €300 million, set to run until June 2025. This strategic move is part of Kerry’s ongoing efforts to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial health and future growth prospects.

More about Kerry Group plc

Kerry Group plc operates in the food industry, providing taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company focuses on innovation and sustainability to meet the evolving needs of its global customer base.

YTD Price Performance: 8.25%

Average Trading Volume: 56,918

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.78B

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

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Questions or Comments about the article? Write to editor@tipranks.com
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