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Kerry Group Advances €300 Million Share Buyback Program

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

Kerry Group plc announced the purchase and cancellation of 28,510 of its A ordinary shares as part of a buyback program on Euronext Dublin. This transaction is part of a larger initiative to repurchase shares worth up to €300 million by June 2025, aimed at optimizing capital structure and potentially enhancing shareholder value.

More about Kerry Group plc

Kerry Group plc is a company operating in the food industry, known for its production of taste and nutrition solutions for the food, beverage, and pharmaceutical markets. It focuses on providing innovative solutions to enhance the taste and nutritional value of products, catering to a global market.

YTD Price Performance: 2.87%

Average Trading Volume: 69,652

Technical Sentiment Signal: Sell

Current Market Cap: €15.08B

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

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