Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Kerry Group plc ( (GB:KYGA) ) just unveiled an announcement.
Kerry Group plc has repurchased 21,845 A ordinary shares on Euronext Dublin at a volume-weighted average price of €69.6316 per share, with prices ranging between €69.25 and €69.90. The company intends to cancel these shares, reducing its share count and potentially enhancing earnings per share and capital efficiency.
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 160,193,804 ordinary shares in issue, marking continued progress in returning capital to shareholders while signalling confidence in the company’s long-term value.
More about Kerry Group plc
Kerry Group plc is a global taste and nutrition company headquartered in Ireland, supplying ingredients, flavours and integrated solutions to the food, beverage and pharmaceutical industries. The group focuses on value-added, specialty products for branded and private-label customers, and its shares are listed on Euronext Dublin, giving it access to European capital markets.
Find detailed analytics on KYGA stock on TipRanks’ Stock Analysis page.