Kerry Group plc ( (GB:KYGA) ) just unveiled an update.
Kerry Group plc has executed a share buyback initiative, repurchasing 19,576 of its A ordinary shares on Euronext Dublin as part of a larger €300 million Buyback Programme set to run until June 2025. This move reflects Kerry Group’s strategic financial management aimed at optimizing capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Kerry Group plc
Kerry Group plc is a leading entity in the food industry, primarily engaged in the development and production of taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company focuses on delivering innovative solutions and operates in a global market, catering to a wide range of consumer preferences and industry needs.
YTD Price Performance: 6.60%
Average Trading Volume: 58,542
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.29B
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