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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 a transaction involving the repurchase of 22,818 of its A ordinary shares on Euronext Dublin as part of its ongoing share buyback program. This initiative, which aims to repurchase shares worth up to €300 million by June 2025, reflects the company’s strategic efforts to optimize its capital structure and potentially enhance shareholder value.

More about Kerry Group plc

Kerry Group plc operates in the food industry, focusing on taste and nutrition solutions. The company provides a range of products and services aimed at enhancing food and beverage experiences, catering to a global market.

YTD Price Performance: 6.71%

Average Trading Volume: 64,827

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.08B

See more insights into 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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