Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group plc has announced the purchase and cancellation of 12,128 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 strategic move is expected to impact the company’s share capital structure, potentially enhancing shareholder value and signaling confidence in the company’s financial health and market position.
More about Kerry Group plc
Kerry Group plc operates in the food industry, focusing on taste and nutrition solutions. The company provides a wide range of products and services aimed at enhancing the taste and nutritional value of food and beverages, serving a global market.
YTD Price Performance: 8.91%
Average Trading Volume: 57,994
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.39B
For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.