ca.finance.yahoo.com

Herbalife Board Authorizes Up to $250 Million Share Repurchase Program

Herbalife logoHerbalife
Sig2.90Sen+4.97Env0.00Soc0.00Gov+1.79

Herbalife’s board has authorized the repurchase of up to $250 million of the company’s outstanding common stock over three years. Management said the program reflects confidence in free-cash-flow generation, the long-term strategy, and value creation for shareholders, while maintaining investment capacity and a strong balance sheet.

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