Kerry Group plc ( (GB:KYGA) ) has shared an update.
Kerry Group plc announced the purchase and cancellation of 20,000 of its A ordinary shares on Euronext Dublin as part of its €300 million share buyback program, which aims to reduce the number of shares in circulation and potentially increase shareholder value. The buyback program, commenced in November 2024, is part of the company’s strategy to optimize its capital structure and return capital to shareholders, impacting the company’s financial operations and positioning in the market.
More about Kerry Group plc
Kerry Group plc is a company operating in the food industry, primarily focusing on the development and production of taste and nutrition solutions for the food, beverage, and pharmaceutical markets.
YTD Price Performance: 8.25%
Average Trading Volume: 58,182
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.34B
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