Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc has announced a share buyback on the London Stock Exchange, acquiring 59,557 A ordinary shares with the highest and lowest prices per share at €76.6500 and €75.6000, respectively. This transaction is part of the company’s larger buyback program intended to repurchase up to €300 million worth of shares by December 19, 2024. The repurchased shares will be cancelled, reducing the total number of outstanding shares and potentially increasing the value of remaining shares.
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