Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has purchased 20,000 of its own shares on Euronext Dublin at a volume weighted average price of €90.89 as part of its €300 million buyback program, which will run until June 2025. This move is intended to reduce the number of shares in circulation, potentially enhancing shareholder value. The company’s strategic repurchase aligns with market regulations, aiming to optimize stock value and investor returns.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.