An announcement from Fevertree Drinks ( (GB:FEVR) ) is now available.
Fevertree Drinks PLC announced the repurchase of 118,647 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.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for its premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixers, catering to a market that values premium and artisanal drink options.
YTD Price Performance: 17.87%
Average Trading Volume: 9,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.17B
For an in-depth examination of FEVR stock, go to TipRanks’ Stock Analysis page.