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Kerry Group Advances €300 Million Share Buyback Program

Story Highlights
  • Kerry Group operates in the food and beverage industry, focusing on taste and nutrition solutions.
  • Kerry Group repurchased 28,979 shares as part of a €300 million buyback program to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Kerry Group plc ( (GB:KYGA) ) is now available.

Kerry Group plc announced the purchase of 28,979 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 move is part of Kerry’s strategy to optimize its 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, primarily engaged in the production of taste and nutrition solutions. The company focuses on providing innovative products and services to enhance the flavor and nutritional profile of food and beverages, catering to a global market.

YTD Price Performance: 1.64%

Average Trading Volume: 69,134

Technical Sentiment Signal: Sell

Current Market Cap: €15.08B

For detailed information about KYGA stock, go to TipRanks’ Stock Analysis page.

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