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Kerry Group plc ( (GB:KYGA) ) just unveiled an announcement.
Kerry Group plc announced the repurchase of 18,978 of its A ordinary shares on Euronext Dublin as part of a €300 million buyback program scheduled to run until June 2025. This initiative is expected to enhance shareholder value by reducing the number of shares in circulation, which could have positive implications for the company’s stock price and overall capital structure.
More about Kerry Group plc
Kerry Group plc operates within the food and beverage industry, providing taste and nutrition solutions. The company focuses on serving global markets with a wide range of ingredients and consumer foods, targeting both industrial and retail customers.
YTD Price Performance: 4.95%
Average Trading Volume: 57,724
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.9B
See more insights into KYGA stock on TipRanks’ Stock Analysis page.
