tiprankstipranks
Trending News
More News >

Kerry Group Advances €300 Million Share Buyback Program

Story Highlights

Kerry Group plc ( (GB:KYGA) ) has shared an update.

Kerry Group plc has announced the purchase and cancellation of 7,064 of its A ordinary shares on Euronext Dublin as part of its ongoing share buyback program, which aims to repurchase shares worth up to €300 million by June 2025. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

More about Kerry Group plc

Kerry Group plc operates in the food and beverage industry, providing a wide range of taste and nutrition solutions. The company focuses on developing innovative products and services to enhance the quality and taste of food and beverages globally.

YTD Price Performance: 5.06%

Average Trading Volume: 74,995

Technical Sentiment Signal: Strong Sell

Current Market Cap: €16B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App