An update from Fevertree Drinks ( (GB:FEVR) ) is now available.
Fevertree Drinks PLC has executed a share buyback program, purchasing 99,817 ordinary shares at prices ranging from 731.00 to 762.00 pence, with a weighted average price of 745.2936 pence. This move, authorized by shareholders, aims to cancel the acquired shares, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about Fevertree Drinks
Fevertree Drinks PLC, known as Fever-Tree, operates in the beverage industry, specializing in premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixers that cater to the growing market of premium spirits and cocktails.
YTD Price Performance: 14.51%
Average Trading Volume: 9,366
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.18B
See more insights into FEVR stock on TipRanks’ Stock Analysis page.