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IN BRIEF: Kerry launches up to €300 million buyback scheme

ALN

Kerry Group PLC - Tralee, County Kerry-based provider of nutrition products - Launches new share buyback programme worth up to €300 million, having promised to do so back in May. It says this reflects its strong balance sheet and cash flow. Broker J & E Davy will run the buyback, which starts on Friday and will be completed by February 27 next year. Shares will be purchased on Euronext Dublin.

Current stock price: €94.70

12-month change: up 28%

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