Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Kerry Group plc ( (GB:KYGA) ) has provided an update.
Kerry Group plc has repurchased 39,864 of its A ordinary shares on Euronext Dublin from J&E Davy at a volume-weighted average price of €75.0913, with prices ranging between €74.40 and €76.0499. The shares bought back will be cancelled, reducing the company’s issued share capital to 160,502,646 ordinary shares, excluding treasury stock.
This transaction forms part of Kerry’s recently launched share buyback programme of up to €300 million, scheduled to run until the end of 2026. The programme signals ongoing capital return to shareholders and is likely to support earnings per share and capital efficiency, reinforcing the group’s financial management strategy in the public markets.
More about Kerry Group plc
Kerry Group plc is a global food and ingredients company that supplies taste and nutrition solutions to the food, beverage and pharmaceutical industries. Listed on Euronext Dublin, the group focuses on value-added ingredients and consumer foods, serving a broad international customer base across multiple end markets.
For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.