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The latest announcement is out from Kerry Group plc ( (GB:KYGA) ).
Kerry Group plc has repurchased 35,211 of its A ordinary shares on Euronext Dublin from broker J&E Davy, paying a volume-weighted average price of €71.8251, with prices ranging between €71.25 and €72.80 per share. The acquired shares will be cancelled, reducing the company’s share count to 160,220,902 ordinary shares in issue, excluding treasury stock.
The transaction forms part of Kerry’s previously announced share buyback programme of up to €300 million to be completed by 31 December 2026, signalling continued capital returns to shareholders and confidence in the company’s valuation. By shrinking its share base through ongoing repurchases, Kerry may enhance earnings per share and support its share price, potentially benefiting existing investors and reinforcing its market positioning.
More about Kerry Group plc
Kerry Group plc is a global food and ingredients company headquartered in Ireland, supplying taste and nutrition solutions as well as consumer foods to customers in the food, beverage, and related sectors. Its shares are listed on Euronext Dublin, and the group is a significant player in the European and international food ingredients and flavours market.
For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.