Fevertree Drinks ( (GB:FEVR) ) has provided an update.
Fevertree Drinks PLC has announced the repurchase of 115,554 ordinary shares as part of its ongoing buyback program, with the intention to cancel these shares. This move, executed through Investec Bank plc, reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for producing premium mixers. The company focuses on offering high-quality tonic waters, ginger ales, and other mixers, catering to both retail and hospitality sectors.
YTD Price Performance: 23.50%
Average Trading Volume: 9,632
Technical Sentiment Signal: Buy
Current Market Cap: $1.29B
See more data about FEVR stock on TipRanks’ Stock Analysis page.