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Kerry Group plc ( (GB:KYGA) ) has issued an announcement.
Kerry Group plc has repurchased 30,210 A ordinary shares on Euronext Dublin as part of its ongoing share buyback programme of up to €300 million running to 31 December 2026, with the shares bought at prices between €73.00 and €73.30 and subsequently cancelled. Following settlement and cancellation, the company will have 160,366,523 ordinary shares in issue, underscoring management’s continued use of buybacks to optimise capital structure and return excess capital to shareholders, which may support earnings per share and signal confidence in the group’s long-term prospects.
The latest transaction was executed through intermediary J&E Davy acting as riskless principal, in line with the parameters of the Market Abuse Regulation and previously announced programme details. By steadily reducing its share count under the authorised buyback, Kerry strengthens its flexibility in capital management while maintaining regulatory transparency for investors and other market participants.
More about Kerry Group plc
Kerry Group plc is a global taste and nutrition company that manufactures food ingredients and consumer foods for customers in the food, beverage, and related industries. Listed on Euronext Dublin, the group focuses on value creation through portfolio management, capital allocation, and shareholder returns, including the use of share repurchase programmes.
For an in-depth examination of KYGA stock, go to TipRanks’ Overview page.