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Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group plc has announced a share buyback transaction in which it purchased 15,899 of its A ordinary shares on Euronext Dublin as part of a buyback program valued up to €300 million, set to conclude by June 2025. This initiative reflects Kerry’s ongoing strategic efforts to optimize its capital structure and enhance shareholder value, signaling a robust financial position and commitment to delivering returns to its investors.
More about Kerry Group plc
Kerry Group plc operates in the food and beverage industry, focusing on taste and nutrition solutions. They provide a wide range of products and services to customers in the food, beverage, and pharmaceutical sectors, with a significant presence in global markets.
YTD Price Performance: 4.95%
Average Trading Volume: 57,724
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.9B
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.
