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) ) has provided an update.

Kerry Group plc has announced the repurchase of 24,898 of its A ordinary shares on Euronext Dublin, as part of its ongoing share buyback program valued at up to €300 million, set to run until June 2025. This transaction is part of Kerry’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its equity and market positioning.

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 taste and nutritional value of food and beverages, catering to a global market.

YTD Price Performance: 5.06%

Average Trading Volume: 55,710

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €15.75B

For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.

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

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