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Kerry Group Executes Share Buyback as Part of €300 Million Programme

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Kerry Group Executes Share Buyback as Part of €300 Million Programme

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An announcement from Kerry Group plc ( (GB:KYGA) ) is now available.

Kerry Group plc has executed a share buyback transaction, purchasing 30,000 of its A ordinary shares on Euronext Dublin at a volume-weighted average price of €97.1933. This action is part of their ongoing Buyback Programme, which aims to reacquire shares up to a total value of €300 million by the end of June 2025, reflecting a strategic move to optimize capital structure and potentially enhance shareholder value.

More about Kerry Group plc

Kerry Group plc is a prominent player in the food and beverage industry, specializing in taste and nutrition solutions. They offer a wide range of products and services aimed at enhancing the quality and taste of food and drinks, catering to both consumer and industrial markets.

YTD Price Performance: 5.72%

Average Trading Volume: 55,521

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.02B

For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.

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