Fevertree Drinks ( (GB:FEVR) ) has issued an announcement.
Fevertree Drinks PLC has announced a share buyback, purchasing 52,909 ordinary shares at prices ranging from 783.00 to 795.50 pence per share. This move, part of a previously announced buyback program, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and reflecting confidence in the company’s financial health.
More about Fevertree Drinks
Fevertree Drinks PLC operates in the beverage industry, primarily focusing on the production and distribution of premium mixer drinks. The company is known for its high-quality tonic waters, ginger ales, and other mixers that cater to the growing demand for premium spirits and cocktails.
YTD Price Performance: 20.86%
Average Trading Volume: 7,720
Technical Sentiment Signal: Buy
Current Market Cap: $1.29B
See more data about FEVR stock on TipRanks’ Stock Analysis page.