Herbalife Announces 3-Year, $250M Stock Buyback Program
The new authorization reflects the Company’s confidence in its business strategy, financial outlook and ability to generate sustainable free cash flow, while providing an additional avenue to create long-term value for
Herbalife said it will buy back $250 million of its own stock over three years, which usually means the company thinks its stock is a good deal and believes its business is doing well. When a company buys its own stock, watch to see if the business keeps making money and growing, because that's what makes buybacks actually help owners.
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