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An announcement from Fevertree Drinks ( (GB:FEVR) ) is now available.
Fever-Tree has announced an extension of its share buyback program, increasing the total to £100 million, with the extension running until the end of 2025. This move, facilitated by Investec Bank, aims to repurchase ordinary shares, reflecting the company’s strategic financial management and potentially impacting its market positioning and shareholder value.
More about Fevertree Drinks
Fever-Tree is the world’s leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, distributing to over 90 countries. Founded in the UK in 2005, the company caters to the demand for premium spirits mixers, particularly for gin, vodka, rum, and whisky, selling to both the hospitality sector and select retail outlets.
YTD Price Performance: 21.66%
Average Trading Volume: 9,671
Technical Sentiment Signal: Buy
Current Market Cap: $1.26B
See more data about FEVR stock on TipRanks’ Stock Analysis page.