UK's Fever-Tree Drinks rises on share buyback extension, annual forecast
09/06/2026 08:32
BUZZ-UK's Fever-Tree Drinks rises on share buyback extension, annual forecast ** Shares of UK-based supplier of carbonated mixers Fever-Tree Drinks FEVR.L up 4.15% at 790.5p
** Company says it is on track to meet annual market view, announces further extension of £30 million ($40.08 million) to its share buyback programme
** "Notwithstanding the current uncertainty in the geopolitical backdrop, we are well-hedged from a cost perspective and remain confident in achieving market expectations for both adjusted revenue and EBITDA," co says
** YTD, stock down ~7%
($1 = 0.7486 pounds)
(Reporting by Roshni Srivastava in Bengaluru)
Recent news on Fevertree Drinks
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UK's Fever-Tree Drinks rises on share buyback extension, annual forecast
Fever-Tree Drinks says it is confident of meeting annual outlook view; increases buyback (updated)
Brief: Fever-Tree Drinks Announces Further £30 Million Extension To Share Buyback Programme
Refile: Fever-Tree Drinks says it is confident of meeting annual outlook view, buyback increased