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Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group has continued its share buyback activity, repurchasing 21,209 A ordinary shares on Euronext Dublin at a volume-weighted average price of €74.6629, with prices ranging between €74.10 and €75.30. The purchased shares will be cancelled, reducing the company’s share count to 160,283,333 ordinary shares in issue.
These transactions form part of Kerry’s previously announced share buyback programme of up to €300 million to be executed by 31 December 2026, signalling an ongoing return of capital to shareholders and potentially supporting earnings per share. The trades were executed by intermediary J&E Davy as riskless principal on behalf of the company under applicable market abuse regulations.
More about Kerry Group plc
Kerry Group plc is a global food company headquartered in Ireland, best known for its taste and nutrition solutions and ingredients supplied to food, beverage, and consumer goods manufacturers worldwide. The group also operates consumer-facing food brands, giving it exposure across both business-to-business and retail channels in developed and emerging markets.
Learn more about KYGA stock on TipRanks’ Stock Analysis page.