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Kerry Group Advances €300 Million Share Buyback Program

Story Highlights
  • Kerry Group operates in the food and beverage industry, offering taste and nutrition solutions.
  • Kerry Group repurchased 33,490 shares as part of a €300 million buyback program to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Kerry Group plc ( (GB:KYGA) ) is now available.

Kerry Group plc announced the purchase and subsequent cancellation of 33,490 of its A ordinary shares on Euronext Dublin as part of its ongoing share buyback program, which aims to repurchase shares worth up to €300 million by June 2025. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting Kerry’s commitment to returning value to its investors.

More about Kerry Group plc

Kerry Group plc operates in the food and beverage industry, providing taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company is known for its innovative approach to food ingredients and flavors, catering to a global market with a focus on sustainability and health-conscious products.

YTD Price Performance: 0.99%

Average Trading Volume: 79,595

Technical Sentiment Signal: Sell

Current Market Cap: €14.98B

See more data about KYGA stock on TipRanks’ Stock Analysis page.

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