Kerry Group Advances Share Buyback Strategy
Company Announcements

Kerry Group Advances Share Buyback Strategy

Kerry Group plc (GB:KYGA) has released an update.

Kerry Group PLC has actively engaged in a share buyback program, purchasing 12,136 of its own ordinary shares at prices ranging from €91.5000 to €92.0000, as part of their €300 million buyback plan set to continue until December 2024. The repurchased shares will be cancelled, reducing the number of outstanding shares, with the intent to enhance shareholder value. This is a part of the ongoing program announced earlier in May 2024, reflecting the company’s financial strategy and commitment to its shareholders.

For further insights into GB:KYGA stock, check out TipRanks’ Stock Analysis page.

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