Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group plc announced the purchase and cancellation of 17,250 of its A ordinary shares as part of its buyback programme on Euronext Dublin. This transaction is part of a larger initiative to repurchase shares worth up to €300 million by June 2025, reflecting the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Kerry Group plc
Kerry Group plc operates in the food and beverage industry, offering a range of taste and nutrition solutions. The company focuses on providing innovative products and services to customers across various markets.
YTD Price Performance: 9.35%
Average Trading Volume: 58,031
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.32B
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.