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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 12,141 shares as part of a €300 million buyback program to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Kerry Group plc ( (GB:KYGA) ) is now available.

Kerry Group plc announced the purchase and cancellation of 12,141 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 30, 2025. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting Kerry’s confidence in its financial health and future growth prospects.

More about Kerry Group plc

Kerry Group plc operates in the food and beverage industry, providing taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company is known for its innovative approach to product development and its focus on sustainability and health-conscious offerings.

Average Trading Volume: 69,737

Technical Sentiment Signal: Strong Buy

Current Market Cap: €15.83B

For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.

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