Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc has actively engaged in a share buyback program, purchasing 38,718 of its own shares on Euronext Dublin, with prices ranging from €79.00 to €80.10, aiming for a total buyback value of up to €300 million by December 19, 2024. Following this transaction and the cancellation of the acquired shares, the company’s total number of shares in issue will stand at 171,352,334. This action is a part of Kerry’s announced buyback initiative that started on May 7, 2024, reflecting the company’s strategy to manage its capital structure and deliver shareholder value.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.
