Kerry Group plc commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 2, 2024.
On May 3, 2024, the company announced a share repurchase program. Under the program, the company entered into non-discretionary instructions with Goldman Sachs International and J&E Davy to repurchase up to 17,347,949 shares for ?300 million worth of its ordinary shares. The purpose of the program is to reduce share capital of the company. The repurchased shares will be cancelled. The program will commence on May 7, 2024, and will end no later than December 19, 2024.