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Kerry Group Cancels Newly Repurchased Shares Under €300m Buyback Plan

Story Highlights
  • Kerry Group repurchased and will cancel 19,545 shares, cutting its share count to about 160.3 million.
  • The buyback is part of a €300 million capital return programme running through the end of 2026.
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Kerry Group Cancels Newly Repurchased Shares Under €300m Buyback Plan

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

Kerry Group plc has repurchased 19,545 A ordinary shares on Euronext Dublin from broker J&E Davy as part of its ongoing share buyback programme, paying a volume-weighted average price of €73.84 per share. The repurchased shares will be cancelled, reducing the company’s share count to 160,303,358 ordinary shares in issue, excluding treasury stock.

This transaction forms part of Kerry’s previously announced plan to buy back up to €300 million of its own shares by 31 December 2026, signalling continued capital return to shareholders and potential support for earnings per share. The use of a riskless principal arrangement with J&E Davy and detailed trade disclosures underscores compliance with EU and UK market abuse regulations while providing transparency for investors and other market participants.

More about Kerry Group plc

Kerry Group plc is a global food and ingredients company listed on Euronext Dublin, best known for its taste and nutrition solutions and consumer foods products. The group focuses on supplying ingredients and flavors to food, beverage, and pharmaceutical customers worldwide, alongside a portfolio of branded and private-label consumer foods in select markets.

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

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