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Kerry Group Announces Share Buyback as Part of Capital Optimization Plan
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Kerry Group Announces Share Buyback as Part of Capital Optimization Plan

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The latest announcement is out from Kerry Group plc ( (GB:KYGA) ).

Kerry Group plc has announced a transaction involving the repurchase of 27,500 of its A ordinary shares on Euronext Dublin, as part of a €300 million share buyback program set to continue until June 2025. This move reflects Kerry’s strategic initiative to optimize its capital structure and return value to shareholders, following the formal commencement of the buyback program in November 2024.

More about Kerry Group plc

Kerry Group plc is a leading player in the global food industry, specializing in taste and nutrition solutions. The company focuses on providing a broad range of innovative products and services to meet the evolving needs of consumers and industry partners worldwide.

YTD Price Performance: 17.90%

Average Trading Volume: 50,939

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €15.58B

Learn more about KYGA stock on TipRanks’ Stock Analysis page.

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