Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has initiated a share buyback program, purchasing 22,745 of its A ordinary shares on Euronext Dublin at an average price of €88.3474 per share. This move is part of a larger €300 million buyback plan aimed at enhancing shareholder value. The shares acquired will be cancelled, reducing the total number of issued shares to 169,469,934.
For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.