The latest announcement is out from Fevertree Drinks ( (GB:FEVR) ).
Fevertree Drinks PLC has announced the repurchase of 102,070 ordinary shares as part of its ongoing buyback program, with the intention to cancel these shares. This move, executed through Investec Bank, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for producing premium mixers. The company focuses on providing high-quality products that cater to the growing market for premium spirits and mixers.
YTD Price Performance: 26.20%
Average Trading Volume: 9,625
Technical Sentiment Signal: Buy
Current Market Cap: $1.3B
See more insights into FEVR stock on TipRanks’ Stock Analysis page.