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Kerry Group Cancels Shares After Fresh Buyback on Euronext Dublin

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Kerry Group Cancels Shares After Fresh Buyback on Euronext Dublin

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An announcement from Kerry Group plc ( (GB:KYGA) ) is now available.

Kerry Group plc has repurchased 18,355 A ordinary shares on Euronext Dublin from J&E Davy at prices between €77.00 and €78.05 per share, with a volume-weighted average price of €77.7004. The acquired shares will be cancelled, reducing the company’s share count to 160,586,636 ordinary shares in issue, excluding treasury shares.

The transaction forms part of Kerry’s ongoing share buyback programme of up to €300 million, scheduled to run until 27 February 2026. By shrinking its equity base through cancellations, the company is reinforcing capital returns to shareholders, potentially enhancing earnings per share and signalling confidence in its longer-term financial and market positioning.

More about Kerry Group plc

Kerry Group plc is a global food company specialising in taste and nutrition solutions, supplying ingredients and consumer foods to food, beverage and pharmaceutical customers worldwide. Listed on Euronext Dublin, the group focuses on value-added, higher-margin products that support its position as a leading player in the food and beverage ingredients market.

For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.

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