Launch of Share Buyback Programme

Summary by AI ^BETAClose X

Kerry Group plc has announced a new share buyback programme of up to €300 million, commencing on 17 February 2026 and concluding by 31 December 2026, to reduce share capital. This initiative is supported by the company's strong balance sheet and cash flow, and will involve purchasing up to 16,489,274 A Ordinary Shares on Euronext Dublin through non-discretionary instructions with J&E Davy. The continuation of the programme beyond the 2025 AGM authority is contingent on shareholder approval at the AGM on 30 April 2026.

Disclaimer*

Kerry Group PLC

17 February 2026

LEI: 635400TLVVBNXLFHWC59

KERRY GROUP PLC

Kerry Group plc announces €300m share buyback programme.

On 17 February 2026, Kerry Group plc ("Kerry" or the "Company") announced its intention to launch a new share buyback programme of up to €300 million (the "Buyback Programme"). The Buyback Programme is underpinned by the Group's strong balance sheet and cash flow and is aligned to Kerry's Capital Allocation Framework.

Kerry announces that, pursuant to the Buyback Programme, it has entered into non-discretionary instructions with J&E Davy ("Davy") to purchase up to €300 million of Kerry's A Ordinary Shares of €0.125 each (the "Shares") on its behalf, and to make trading decisions under the Buyback Programme independently of Kerry in accordance with certain pre-set parameters.

The Buyback Programme will commence on 17 February 2026 and will end on 31 December 2026 at the latest. All Shares will be purchased by Davy on the Company's behalf (on a riskless principal basis) on Euronext Dublin for subsequent repurchase by the Company on Euronext Dublin.

The purpose of the Buyback Programme is to reduce the share capital of the Company and as such, the Company will cancel any Shares repurchased.

The Buyback Programme will be conducted within certain pre-set parameters and within the limitations of the authority granted at Kerry's Annual General Meeting on 1 May 2025 ("2025 AGM") up to a maximum number of 16,489,274 Shares. Following the expiry of the 2025 AGM repurchase authority, the continuation of the Buyback Programme will be conditional on shareholder approval of an authority to repurchase Shares at the AGM to be held on 30 April 2026.

The Buyback Programme will be conducted in accordance with the relevant provisions of the Market Abuse Regulation 596/2014/EU ("MAR" and including MAR as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019) and the Commission Delegated Regulation (EU) 2016/1052 (including as in force in the UK and as amended by the FCA's Technical Standards (Market Abuse Regulation) (EU Exit) Instrument 2019) as well as the rules of the Central Bank of Ireland.

Any repurchase of Shares will be announced no later than 7:30 am on the business day following the calendar day on which the repurchase occurred.

	CONTACT INFORMATION

	GROUP SECRETARY
	Ronan Deasy +353 66 7182000 \| GroupCoSec@kerry.ie

	WEBSITE
	www.kerry.com

Kerry Group | Regulatory Announcement 2026

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