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Kerry Group plc ( (GB:KYGA) ) has issued an announcement.
Kerry Group plc announced the purchase and subsequent cancellation of 24,000 A ordinary shares on Euronext Dublin, as part of their Buyback Programme valued up to €300 million, which commenced in November 2024. This strategic move is anticipated to enhance shareholder value and optimize the company’s capital structure, reflecting Kerry’s confidence in its financial health and market positioning.
More about Kerry Group plc
Kerry Group plc is a company operating within the food and beverage industry, primarily known for its development and supply of taste and nutrition solutions. The company focuses on innovating and delivering products that cater to the evolving tastes and nutritional needs of consumers around the globe.
YTD Price Performance: 6.82%
Average Trading Volume: 57,750
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.44B
For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.