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Kerry Group Announces Share Buyback to Strengthen Market Position
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Kerry Group Announces Share Buyback to Strengthen Market Position

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

Kerry Group plc has announced a repurchase of 21,000 of its A ordinary shares on Euronext Dublin, as part of its broader share buyback program targeting up to €300 million by June 2025. This move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting a strategic focus on strengthening its financial position within the market.

More about Kerry Group plc

Kerry Group plc operates in the food industry, primarily focusing on taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company is known for its innovative ingredients and solutions, serving a wide range of customers globally.

YTD Price Performance: 0.66%

Average Trading Volume: 46,394

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €15.33B

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

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