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Kerry Group plc ( (GB:KYGA) ) has shared an announcement.
Kerry Group plc has repurchased 49,588 of its A ordinary shares on Euronext Dublin at a volume-weighted average price of €73.2813 per share, with prices ranging between €73.00 and €73.65. The repurchased shares, bought from J&E Davy acting as riskless principal, will be cancelled, reducing the company’s share count.
This transaction forms part of Kerry’s previously announced share buyback programme of up to €300 million to be completed by 31 December 2026. Following settlement and cancellation, Kerry will have 160,392,265 ordinary shares in issue, a move that is expected to enhance capital efficiency and potentially support earnings per share for existing investors.
More about Kerry Group plc
Kerry Group plc is a global food ingredients and consumer foods company, headquartered in Ireland and listed on Euronext Dublin. The group develops and supplies taste and nutrition solutions and branded food products to food, beverage, and foodservice customers worldwide, positioning itself as a key player in value-added ingredients and consumer foods markets.
Find detailed analytics on KYGA stock on TipRanks’ Stock Analysis page.