Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has announced the repurchase of 20,000 of its A ordinary shares on Euronext Dublin as part of its ambitious €300 million share buyback program. The shares were bought at prices ranging from €87.65 to €88.90 and will be subsequently cancelled, reducing the company’s total shares in issue. This strategic move is aimed at enhancing shareholder value by returning capital to shareholders and optimizing the company’s capital structure.
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