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The latest update is out from Fevertree Drinks ( (GB:FEVR) ).
Fevertree Drinks PLC announced a share buyback, purchasing 114,013 ordinary shares through Investec Bank PLC as per the authority granted at the 2024 AGM. The shares, bought at a weighted average price of 724.5278 pence, will be cancelled, potentially increasing shareholder value and demonstrating confidence in the company’s financial health.
More about Fevertree Drinks
Fevertree Drinks PLC operates in the beverage industry, primarily known for its premium mixers and tonic waters, catering to a market focused on high-quality drink accompaniments.
YTD Price Performance: 9.23%
Average Trading Volume: 8,745
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.19B
For a thorough assessment of FEVR stock, go to TipRanks’ Stock Analysis page.
