Fevertree Drinks ( (GB:FEVR) ) has issued an update.
Fevertree Drinks PLC has executed a share buyback program, purchasing 116,458 ordinary shares at prices ranging from 797 to 824 pence per share, with a weighted average price of 813.0240 pence. This move, authorized by shareholders at the 2024 Annual General Meeting, is part of a broader buyback initiative announced in February 2025, and the company plans to cancel the purchased shares, potentially impacting its stock value and shareholder equity.
More about Fevertree Drinks
Fevertree Drinks PLC, commonly known as Fever-Tree, operates in the beverage industry, specializing in the production of premium mixers. The company is known for its high-quality tonic waters, ginger ales, and other mixers, catering primarily to the premium spirits market.
YTD Price Performance: 22.45%
Average Trading Volume: 7,502
Technical Sentiment Signal: Buy
Current Market Cap: $1.32B
For a thorough assessment of FEVR stock, go to TipRanks’ Stock Analysis page.