The Simply Good Foods Company Buyback
OLI recorded this information on 4/13/2022
Company:
The Simply Good Foods Company
Buyback:
SMPL buyback
$Amount Authorized:
$76,200,000
Buyback Details:
The Simply Good Foods Company (Nasdaq: SMPL) ("Simply Good Foods" or the "Company"), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that its Board of Directors has approved the addition of $50 million to its existing stock repurchase program, which was first adopted in November 2018. As of April 13, 2022, an aggregate of approximately $76.2 million is available under Company's stock repurchase authorization.
Simply Good Foods is a consumer packaged food and beverage company that provides various snacks and meal replacements. The product portfolio Co. develops, markets and sells consists of protein bars, ready-to-drink shakes, sweet and salty snacks and confectionery products marketed under the Quest® and Atkins® brand names. Co.'s nutritious snacking platform consists of brands that focus on providing products for consumers that follow certain nutritional philosophies and health-and-wellness trends: Quest for consumers seeking a variety of protein-rich foods and beverages that also limit sugars and simple carbohydrates and Atkins for those following a low-carbohydrate lifestyle.
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Avg. Broker Rec.
 
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Buy (3.37 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: SMPL Stock Forecast Based on Zacks ABR data; powered by Xignite |
