Hasbro, Inc. Buyback
OLI recorded this information on 5/17/2018
Hasbro, Inc. (NASDAQ:HAS) today announced that its Board of Directors has authorized the Company to repurchase an additional $500 million of its common stock. At the end of the first quarter, $139.2 million remained available in the current share repurchase authorization.
Hasbro is a global play and entertainment company with a portfolio of brands and entertainment properties spanning toys, games, licensed products and film and television entertainment. Co.'s segments are: U.S. and Canada, which is marketing and selling of toy and game products, including Co.'s Wizards of the Coast business; International, which is marketing and selling of toy and game products to retailers and wholesalers; Entertainment, Licensing and Digital, which is engaged in consumer products licensing, digital gaming, and Hasbro legacy entertainment operations; and eOne which is the development, acquisition, production, financing, distribution and sale of entertainment content.
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Buy (3.00 out of 4)