Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc has announced a significant share buyback transaction, purchasing 55,996 of its own A ordinary shares at prices ranging from €75.4000 to €76.3000 per share, with plans to cancel the acquired shares. This move is part of a larger buyback program initiated on May 7, 2024, with the intention of repurchasing up to €300 million worth of shares by December 19, 2024. Following this transaction, Kerry’s total issued share count will stand at 172,573,985, excluding treasury shares.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.