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The latest announcement is out from Fevertree Drinks ( (GB:FEVR) ).
Fevertree Drinks PLC announced a share buyback transaction, purchasing 99,188 of its ordinary shares at a weighted average price of 726.1493 pence per share. This move, part of a previously announced buyback program, aims to cancel the purchased shares, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for its premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixers, catering to both the retail and hospitality sectors.
YTD Price Performance: 1.92%
Average Trading Volume: 8,477
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.07B
Learn more about FEVR stock on TipRanks’ Stock Analysis page.