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Kerry Group plc ( (GB:KYGA) ) has provided an update.
Kerry Group plc has announced the purchase and cancellation of 29,196 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 optimize the company’s capital structure and potentially enhance shareholder value, reflecting a commitment to returning capital to shareholders.
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 wide range of products and services aimed at enhancing the taste and nutritional value of food and beverages, catering to a global market.
Average Trading Volume: 67,730
Technical Sentiment Signal: Strong Buy
Current Market Cap: €15.85B
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.
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