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McCormick & Company Buyback

OLI recorded this information on 4/4/2013

Company: McCormick & Company
Buyback: MKC buyback
$Amount Authorized: $400,000,000
Buyback Details: The Board of Directors also authorized a new share repurchase program. Under the new program, McCormick is authorized to purchase up to $400 million of its outstanding shares. In 2013, the company expects to complete the current $400 million share repurchase program which was authorized in June 2010.

McCormick & Co. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor products to the food industry- retailers, food manufacturers and foodservice businesses. Co. also is partner in a number of joint ventures that are involved in the manufacture and sale of flavor products. Co.'s business segments comprised of: consumer, in which Co. markets its products to customers and supplies private label items, known as store brands; and flavor solutions, which provides a range of flavor solutions including seasoning blends, spices and herbs, condiments, coating systems and compound flavors.

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Company Name: 
McCormick & Co Inc
Stock buyback: 
MKC buyback
Website: 
www.mccormickcorporation.com
Sector: 
Food & Beverage
Number of ETFs Holding MKC: 
103
Total Market Value Held by ETFs: 
$3.66B
Total Market Capitalization: 
$21.25B
% of Market Cap. Held by ETFs: 
17.24%
 

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Sell (1.25 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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