Post Holdings, Inc. Buyback
OLI recorded this information on 12/6/2019
Post Holdings, Inc.
Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced its Board of Directors has approved a new $400 million share repurchase authorization, with share repurchases under the new authorization beginning on December 6, 2019. As of December 5, 2019, Post had repurchased approximately $252 million under its previous $400 million stock repurchase authorization, which was approved on September 4, 2019 and was cancelled effective December 5, 2019.
Post Holdings is a consumer packaged goods holding company. Co.'s segments are: Post Consumer Brands, which manufactures, markets and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products; Weetabix, which markets and distributes branded and private label RTE cereal products; Foodservice, which produces and distributes egg and potato products; Refrigerated Retail, which produces and distributes side dishes, eggs and egg products, sausage, cheese and other dairy and refrigerated products; and BellRing Brands, which markets and distributes ready-to-drink (RTD) protein shakes, other RTD beverages, powders and nutrition bars in the nutrition category.
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Strong Buy (4.00 out of 4)