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Kerry Group Advances €300 Million Share Buyback Program

Story Highlights
  • Kerry Group operates in the food and beverage industry, focusing on taste and nutrition solutions.
  • Kerry Group repurchased 29,685 shares as part of a €300 million buyback program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kerry Group Advances €300 Million Share Buyback Program

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The latest update is out from Kerry Group plc ( (GB:KYGA) ).

Kerry Group plc has announced a transaction involving the repurchase of 29,685 of its A ordinary shares on Euronext Dublin, as part of its ongoing buyback program valued at up to €300 million. This move, which involves the cancellation of the repurchased shares, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

More about Kerry Group plc

Kerry Group plc is a company operating in the food and beverage industry, focusing on the production and distribution of taste and nutrition solutions for the food, beverage, and pharmaceutical markets. It is known for its innovative approach to enhancing the taste and nutritional value of products.

For an in-depth examination of KYGA stock, go to TipRanks’ Overview page.

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