Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc has announced the buyback of 56,590 of its A ordinary shares at prices ranging from €75.5500 to €76.4000 per share, as part of its €300 million share repurchase program set to conclude by 19 December 2024. The shares acquired through this transaction on the London Stock Exchange will be cancelled, reducing the total number of ordinary shares in issue. This move is part of a strategic initiative to enhance shareholder value and is being executed in cooperation with Goldman Sachs International.
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