Kerry Group plc ( (GB:KYGA) ) has provided an update.
Kerry Group plc has announced the purchase of 14,523 of its A ordinary shares on Euronext Dublin as part of its ongoing share buyback program, which aims to repurchase shares worth up to €300 million by June 2025. This move is part of Kerry’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial health and market position.
More about Kerry Group plc
Kerry Group plc operates in the food industry, primarily focusing on taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company is known for its innovative approach to food ingredients and flavor technologies, catering to a global market.
YTD Price Performance: 8.91%
Average Trading Volume: 57,563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.51B
For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.