Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has initiated a share buyback program, purchasing 10,000 of its A ordinary shares on Euronext Dublin at an average price of €91.15 per share. This transaction is part of a broader plan to repurchase shares worth up to €300 million by June 2025, which aims to optimize the company’s capital structure and potentially enhance shareholder value.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.