Kerry Group plc (GB:KYGA) has released an update.
Kerry Group PLC has announced a buyback of its ordinary shares, with a total of 18,260 shares repurchased on the London Stock Exchange at prices ranging from €78.85 to €79.95. As part of a larger buyback program worth up to €300 million ending on April 30, 2024, the repurchased shares will be cancelled, reducing the total number of outstanding shares. This strategic move aims to enhance shareholder value and reflects the company’s confidence in its financial stability.
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