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Kerry Group plc ( (GB:KYGA) ) has issued an announcement.
Kerry Group plc announced the repurchase of 15,833 of its A ordinary shares on Euronext Dublin as part of a previously announced Buyback Programme, which aims to repurchase shares worth up to €300 million by June 2025. This transaction reflects the company’s strategic initiative to manage its capital structure effectively, potentially impacting shareholder value positively by reducing the number of shares in circulation.
More about Kerry Group plc
Kerry Group plc operates in the food industry, focusing on the development and distribution of taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The company is known for its comprehensive range of products that enhance the flavor and nutritional profile of consumer food items.
YTD Price Performance: 0.0%
Average Trading Volume: 48,139
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €15.79B
For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.