Fresh Del Monte Produce Inc. Buyback
OLI recorded this information on 2/21/2018
Fresh Del Monte Produce Inc.
Fresh Del Monte Produce Inc. (NYSE:FDP) (the "Company") announced that its Board of Directors, at its February 21, 2018 board meeting, approved a three-year share repurchase program of up to $300 million of the Company's ordinary shares, which will expire on February 21, 2021. The share repurchase program announced on February 21, 2018 is in addition to the Company's existing three-year repurchasing program of $300 million, which is set to expire on July 29, 2018.
Fresh Del Monte Produce is a holding company. Through its subsidiaries, Co. is engaged in the production, distribution and marketing of fresh and other products and bananas. Co. markets its products mainly under the Del Monte® brand. Co.'s fresh and other products includes pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, prepared meals and snacks. Co.'s products and services includes poultry and meat products, plastic products and third-party freight services.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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