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The latest announcement is out from Kerry Group plc ( (GB:KYGA) ).
Kerry Group plc has announced the purchase of 14,378 of its A ordinary shares on Euronext Dublin from J&E Davy, as part of its ongoing €300 million buyback program set to run until June 2025. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value, with the shares being canceled following the transaction.
More about Kerry Group plc
Kerry Group plc is a leading company in the food industry, specializing in taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company focuses on providing innovative ingredients and solutions to enhance the product offerings of its global clients.
YTD Price Performance: 2.09%
Average Trading Volume: 45,663
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.47B
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.
