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Kerry Group Enhances Shareholder Value with Share Buyback

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Kerry Group Enhances Shareholder Value with Share Buyback

The latest update is out from Kerry Group plc ( (GB:KYGA) ).

Kerry Group plc, a company engaged in the food industry, announced a transaction involving the repurchase and subsequent cancellation of 21,899 of its A ordinary shares valued between €96.65 and €100 each on Euronext Dublin, as part of its ongoing €300 million buyback program set to run until June 30, 2025. This move is part of Kerry’s strategic plan to manage its share capital effectively, potentially enhancing shareholder value and optimizing its capital structure.

More about Kerry Group plc

YTD Price Performance: 8.25%

Average Trading Volume: 57,269

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.31B

See more data about KYGA stock on TipRanks’ Stock Analysis page.

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