Companies
Kerry Group unveils €300m share buyback programme in a bid to halt share price drop
The taste and nutrition giant has seen its share price plunge by almost 20 per cent this year to its lowest point in over six years
Kerry Group has announced a €300 million share buyback programme in a bid to arrest the steady decline in the company’s share price over recent months.
Unveiling interim results for the third quarter of the year, the taste and nutrition giant said it will commence a share buyback programme in November, which will return around €300 million to shareholders. The move comes as Kerry’s share price has fallen almost 20 per cent in the last ...