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Kerry Group Advances €300 Million Share Buyback Program

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

Kerry Group plc announced the repurchase of 24,987 of its A ordinary shares on Euronext Dublin, as part of its ongoing share buyback program valued at up to €300 million, set to conclude by June 30, 2025. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value, reflecting a commitment to returning capital to shareholders while maintaining a strong market position.

More about Kerry Group plc

Kerry Group plc is a company operating in the food and beverage industry, known for its development and supply of taste and nutrition solutions. The company focuses on providing innovative products and services to enhance the flavor and nutritional value of food and beverages, catering to a global market.

YTD Price Performance: -1.13%

Average Trading Volume: 79,833

Technical Sentiment Signal: Hold

Current Market Cap: €14.87B

For an in-depth examination of KYGA stock, go to TipRanks’ Stock Analysis page.

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