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Kerry Group plc ( (GB:KYGA) ) has provided an announcement.
Kerry Group plc has announced the repurchase of 12,611 of its A ordinary shares at prices ranging from €90.4000 to €92.2000 as part of a buyback program on Euronext Dublin. This transaction is part of a broader initiative to buy back shares up to a value of €300 million by June 2025, which is expected to optimize the company’s capital structure and potentially enhance shareholder value.
More about Kerry Group plc
Kerry Group plc operates within the food industry, focusing on the production and distribution of taste and nutrition solutions for the food, beverage, and pharmaceutical sectors. The company is recognized for its innovative approaches in enhancing food products and maintaining a strong market presence globally.
YTD Price Performance: 17.77%
Average Trading Volume: 42,021
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.42B
For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.
