Darling Ingredients Increases Stock Buyback Program To $1B
As the company discussed at its Investor Day, Darling Ingredients expects to generate cash flow across various market cycles. Consistent with its disciplined capital allocation framework, the company will continue to
Darling Ingredients is buying back more of its own stock—up to $1 billion worth—because leaders believe the company will make steady money no matter what. When a company buys back its own stock, it can be a sign that leaders think the business is doing well and the stock price is fair.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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