tiprankstipranks
Company Announcements

Kerry Group Advances Share Buyback Programme

Story Highlights
  • Kerry Group repurchased 27,843 shares as part of their buyback initiative.
  • The buyback programme, worth up to €300 million, aims to optimize capital and return shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kerry Group Advances Share Buyback Programme

The latest announcement is out from Kerry Group plc ( (GB:KYGA) ).

Kerry Group plc announced the repurchase of 27,843 A ordinary shares at Euronext Dublin as part of its share buyback programme. This initiative, valued up to €300 million, shows Kerry’s strategic commitment to optimizing capital structure and returning value to shareholders. Following this transaction, Kerry will have 165,670,353 ordinary shares in issue, excluding treasury shares.

More about Kerry Group plc

Kerry Group plc operates in the global food industry, primarily focusing on taste and nutrition products. The company serves a diverse range of markets, providing innovative solutions to enhance the taste, texture, and nutritional value of food and beverages.

YTD Price Performance: 6.27%

Average Trading Volume: 57,687

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.17B

Learn more about KYGA stock on TipRanks’ Stock Analysis page.

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