Kerry Group Advances €300 Million Share Buyback Program

Kerry Group plc ( (GB:KYGA) ) has issued an update.

Kerry Group plc has announced the purchase and cancellation of 21,045 A ordinary shares as part of a buyback program on Euronext Dublin, with prices ranging between €92.6500 and €93.6500 per share. This transaction is part of a broader strategy to repurchase shares worth up to €300 million by June 30, 2025, which may impact the company’s share value and capital structure, potentially benefiting shareholders.

More about Kerry Group plc

Kerry Group plc operates in the food industry, offering a wide range of taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company focuses on providing innovative food technologies and ingredients that enhance consumer experiences globally.

YTD Price Performance: 2.09%

Average Trading Volume: 45,663

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €15.47B

For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.