Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group plc announced the purchase and cancellation of 31,009 of its A ordinary shares on Euronext Dublin as part of its ongoing 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 optimize its capital structure and enhance shareholder value, reflecting confidence in its financial health and future prospects.
More about Kerry Group plc
Kerry Group plc is a leading company in the food industry, specializing in taste and nutrition solutions. The company focuses on providing innovative products and services to the food, beverage, and pharmaceutical markets globally.
YTD Price Performance: 3.41%
Average Trading Volume: 64,767
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.75B
Learn more about KYGA stock on TipRanks’ Stock Analysis page.
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