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Kerry Group Advances Share Buyback Program
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Kerry Group Advances Share Buyback Program

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

Kerry Group plc has recently executed a share buyback on the London Stock Exchange, purchasing 47,967 of its own A ordinary shares at prices ranging from €79.1000 to €80.0500, with the average price being €79.5052. These shares will be subsequently cancelled as part of a larger buyback program announced on May 3, 2024, which plans to repurchase up to €300 million worth of shares by December 19, 2024. Post-transaction, Kerry’s total shares in issue will stand at 171,559,515, excluding treasury shares.

For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.

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