Kerry Group plc (GB:KYGA) has released an update.
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Kerry Group plc has actively engaged in a share buyback program, purchasing 21,979 of its own ordinary shares on September 3, 2024, for prices ranging between €91.00 and €91.30 each. These shares will be cancelled as part of a larger strategy to buy back up to €300 million worth of shares by December 19, 2024. The buyback is part of the company’s announced program which started on May 7, 2024, and aims to reduce the number of shares in issue, thereby potentially increasing the value of remaining shares.
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