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Kerry Group Advances €300 Million Share Buyback Program
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Kerry Group Advances €300 Million Share Buyback Program

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Kerry Group plc ( (GB:KYGA) ) just unveiled an update.

Kerry Group plc announced the purchase of 14,250 of its A ordinary shares as part of its ongoing share buyback program, intended to repurchase shares worth up to €300 million by June 2025. This move is part of Kerry’s strategy to enhance shareholder value and streamline its capital structure, following the formal start of the buyback program in November 2024.

More about Kerry Group plc

Kerry Group plc is a global leader in the food industry, offering a wide range of products and services focused on taste and nutrition solutions. The company operates across various markets, providing innovative food ingredients and solutions to enhance the taste, texture, and nutritional value of food products.

YTD Price Performance: 14.82%

Average Trading Volume: 42,052

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €15.48B

For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.

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