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An update from Kerry Group plc ( (GB:KYGA) ) is now available.
Kerry Group plc announced the purchase and cancellation of 25,000 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 part of Kerry’s efforts to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to returning capital to its investors.
More about Kerry Group plc
Kerry Group plc operates in the food and beverage industry, focusing on taste and nutrition solutions. The company provides a wide range of products and services to enhance the taste and nutritional value of food and beverages, catering to a global market.
YTD Price Performance: 3.98%
Average Trading Volume: 69,948
Technical Sentiment Signal: Strong Sell
Current Market Cap: €15.47B
See more insights into KYGA stock on TipRanks’ Stock Analysis page.