Kerry Group plc (ISE:KRZ) commences share repurchases on May 7, 2024, under the program mandated by shareholders in the Annual General Meeting held on May 2, 2024. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The authorization will be valid till Next Annual General Meeting in 2024 or August 1, 2025, unless previously renewed, revoked or extended.

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.