Kerry Group plc ( (GB:KYGA) ) has shared an update.
Kerry Group plc announced the purchase and cancellation of 31,796 of its A ordinary shares on Euronext Dublin as part of its ongoing €300 million Buyback Programme, which is set to continue until June 2025. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting Kerry’s commitment to maintaining a robust financial position and competitive edge in the market.
More about Kerry Group plc
Kerry Group plc is a company operating in the food and beverage industry, known for its development and production of taste and nutrition solutions. The company focuses on providing innovative products and services to enhance the flavor and nutritional value of food and beverages, catering to a global market.
YTD Price Performance: 3.19%
Average Trading Volume: 60,949
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.77B
For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.
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