Fevertree Drinks ( (GB:FEVR) ) just unveiled an announcement.
Fevertree Drinks PLC announced the purchase of 66,392 of its own ordinary shares, with the intention to cancel them, as part of a buyback program initiated in February 2025. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in maintaining its market position.
More about Fevertree Drinks
Fevertree Drinks PLC operates in the beverage industry, primarily focusing on the production and distribution of premium mixers. The company is known for its high-quality tonic waters, ginger ales, and other mixer products, catering to a market that values premium and natural ingredients.
YTD Price Performance: 17.27%
Average Trading Volume: 8,838
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.23B
For an in-depth examination of FEVR stock, go to TipRanks’ Stock Analysis page.