An update from Kerry Group plc ( (GB:KYGA) ) is now available.
Kerry Group plc has announced the purchase and cancellation of 16,421 of its A ordinary shares on Euronext Dublin as part of a buyback program aimed at repurchasing shares worth up to €300 million by June 2025. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its equity base.
More about Kerry Group plc
Kerry Group plc operates in the food and beverage industry, focusing on taste and nutrition solutions. The company provides a range of products and services aimed at enhancing the flavor and nutritional value of food and beverages, catering to various markets globally.
YTD Price Performance: 9.57%
Average Trading Volume: 57,989
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.62B
See more insights into KYGA stock on TipRanks’ Stock Analysis page.