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Kerry Group Announces Share Buyback Initiative

Kerry Group Announces Share Buyback Initiative

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

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Kerry Group plc has executed a share buyback on Euronext Dublin, acquiring 4,481 of its own shares at an average price of €89.0893. This transaction is part of a broader plan to repurchase up to €300 million worth of shares by December 19, 2024, aiming to enhance shareholder value. Following the settlement, Kerry Group will have approximately 169.9 million ordinary shares in issue.

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

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