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Kerry Group Initiates Share Buyback to Strengthen Market Position
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Kerry Group Initiates Share Buyback to Strengthen Market Position

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Kerry Group plc ( (GB:KYGA) ) has provided an announcement.

Kerry Group plc announced a transaction involving the repurchase of 32,244 of its A ordinary shares on Euronext Dublin, as part of a buyback program aiming to repurchase shares valued at up to €300 million by June 2025. This strategic move is expected to enhance shareholder value and consolidate the company’s market position by reducing the number of shares in circulation.

More about Kerry Group plc

Kerry Group plc is a company operating in the food industry, focusing on developing taste and nutrition solutions for the food, beverage, and pharmaceutical markets. They are known for their innovative offerings in flavoring, functional ingredients, and nutritional solutions, catering to global consumer demands.

YTD Price Performance: 1.93%

Average Trading Volume: 46,416

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €15.33B

See more insights into KYGA stock on TipRanks’ Stock Analysis page.

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