Boston Beer Announces 10b5-1 Plan To Repurchase Up To $25M Of Class A Common Stock From September 28 Through December 25
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Why It Matters
Boston Beer says it will buy back some of its own stock (pieces of ownership) over the next few months, which usually means the company thinks its stock is a good deal right now. When a company buys its own stock, it can be a sign that leaders believe in the company's future.
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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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