tiprankstipranks
Advertisement
Advertisement

Kerry Group Advances €300m Buyback With Fresh Share Purchases

Story Highlights
  • Kerry Group has repurchased 7,652 shares under its €300 million buyback, to be cancelled.
  • The cancellation will reduce shares in issue, supporting EPS, capital efficiency and investor returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kerry Group Advances €300m Buyback With Fresh Share Purchases

Claim 30% Off TipRanks

Kerry Group plc ( (GB:KYGA) ) has provided an announcement.

Kerry Group plc has continued its share repurchase activity under its previously announced €300 million buyback programme, purchasing 7,652 A ordinary shares on Euronext Dublin on 13 February 2026 at a volume‑weighted average price of €78.1980. The company plans to cancel these shares, reducing its number of ordinary shares in issue to 160,558,923 and marginally enhancing earnings per share and capital efficiency for investors.

The latest transaction, executed via intermediary J&E Davy, forms part of Kerry’s broader capital allocation strategy to return surplus cash to shareholders while optimising its balance sheet. Ongoing buybacks can support the share price, concentrate ownership and signal management’s confidence in the group’s cash generation and long‑term prospects, which may be viewed positively by equity holders in the current market environment.

More about Kerry Group plc

Kerry Group plc is a global food and ingredients company that develops and supplies taste and nutrition solutions, as well as consumer foods, to food, beverage and pharmaceutical markets. Listed on Euronext Dublin, the group targets both branded and own-label customers, with a focus on value-added, higher margin ingredients and technologies for international markets.

See more data about KYGA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1