Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc has announced the purchase of 11,000 of its own A ordinary shares on Euronext Dublin as part of a buyback program totaling up to €300 million. The shares were bought at prices between €93.4000 and €93.8500 each and will be canceled to reduce the total number of shares in circulation. This move is part of Kerry’s strategy to enhance shareholder value and optimize its capital structure.
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