B&G Foods, Inc. Buyback
OLI recorded this information on 3/13/2018
Company:
B&G Foods, Inc.
Buyback:
BGS buyback
$Amount Authorized:
$50,000,000
Buyback Details:
B&G Foods, Inc. (NYSE:BGS) announced today that its Board of Directors has authorized a stock repurchase program for the repurchase of up to $50.0 million of the Company's common stock through March 15, 2019. Under the authorization, the Company may purchase shares of common stock from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission.
B&G Foods is a holding company. Through its subsidiaries, Co. manufactures, sells and distributes a portfolio of shelf-stable and frozen food and household products. Co.'s brands and product lines include: The Green Giant and Le Sueur brands, which provide vegetables grown and picked in the Valley of the Jolly Green Giant; The Crisco brand, which provides vegetable oil, cooking oils and cooking sprays; The Ortega brand, which encompasses the Mexican food segment including taco shells, tortillas, seasonings, dinner kits, taco sauces, peppers, refried beans and salsas; and Clabber Girl, which is engaged in baking products, including baking powder, baking soda and corn starch.
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Avg. Broker Rec.
  
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Sell (1.20 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: BGS Stock Forecast Based on Zacks ABR data; powered by Xignite |
