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Shares up at Smurfit

Shares in Irish packaging giant Smurfit Kappa soared by more than 6pc yesterday after it hiked its dividend payout and promised to return more capital to shareholders if it doesn't complete acquisitions.

The company also reported a 22pc year-on-year rise in fourth quarter earnings before interest, tax and depreciation to €291m, as revenue climbed to €2.03bn.


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