Fevertree Drinks Continues Share Buyback Initiative with Cancellation of 102,070 Shares
By
Fiona Craig
PUBLISHED:
Apr 22 2025 @ 03:10
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Fevertree Drinks PLC (LSE:FEVR) has completed the repurchase of 102,070 ordinary shares, a move executed through Investec Bank as part of the company’s ongoing share buyback program. These shares are set to be cancelled, reducing the total number of shares in issue. This capital management strategy is aimed at boosting shareholder value by streamlining the company’s equity base.
About Fevertree Drinks PLC
Fevertree Drinks PLC is a leading name in the premium beverage sector, best known for its high-quality mixers designed to complement premium spirits. The company has built a strong brand presence globally by focusing on natural ingredients, innovative flavors, and a commitment to elevating the drinking experience.
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Year-to-Date Price Performance: +26.20%
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Average Daily Trading Volume: 9,625 shares
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Technical Sentiment: Buy
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Market Capitalization: $1.3 billion
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