Herbalife (HLF) to Hold Analyst, Investor Meeting on Jan. 10th; Will Exceed Buyback Authorization

December 24, 2012 8:55 AM EST Send to a Friend
Herbalife Ltd. (NYSE: HLF) will host an Analyst and Investor Meeting in New York at 9:00 AM EST on January 10, 2013. Senior management will discuss the company’s business in detail:

* Comprehensive response to investor questions on its business model;
* Regulatory perspectives;
* Update on the business and strong growth prospects.

Due to trading blackout period restrictions, the company noted that it has yet to utilize the $950 million remaining on its existing $1 billion share repurchase authorization. The company said that it now expects to exceed its previously announced quarterly guidance of $50 million of the repurchase authorization in upcoming quarters.

Herbalife noted that it has retained Moelis & Company as its strategic advisor.

Invitations will be distributed to analysts and investors. The presentation will be simultaneously webcast via the investor relations section of the company’s website at http://ir.herbalife.com.


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