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Fevertree Drinks ( (GB:FEVR) ) has shared an announcement.
Fevertree Drinks PLC has announced the repurchase of 119,118 ordinary shares as part of its buyback program, with the intention to cancel these shares. This move, facilitated by Investec Bank PLC, is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure, potentially impacting its market positioning and stakeholder interests.
More about Fevertree Drinks
Fevertree Drinks PLC is a company in the beverage industry, primarily known for its premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixers that cater to both retail and hospitality sectors.
YTD Price Performance: 24.10%
Average Trading Volume: 9,625
Technical Sentiment Signal: Buy
Current Market Cap: $1.29B
See more data about FEVR stock on TipRanks’ Stock Analysis page.