Ralcorp Holdings (RAH) Approves 7 Million Share Buyback
More News related to RAH
- UBS Raises Price Target On Ralcorp (RAH) to $72
- After-Hours Movers 2/4: PWER, OPTR, PTIX, HA, TSYS Higher; PWAV, TTMI, MFLX, SNCR, BMI Lower
- Ralcorp (RAH) Tops Q1 Views
- Ralcorp Holdings Announces Results for the First Quarter of Fiscal 2010
- Trading Radar for 02/04: Bunge (BG), Spectra Energy (SE), MasterCard (MA), Con-Way (CNW), Hospira (HSP) Report
More News related to Stock Buybacks
- Aspen Insurance Holdings (AHL) Comments on Outlook; Approves $400 Million Stock Buyback Plan
- Kensey Nash (KNSY) Approves $30 Million Stock Buyback Plan
- Corrections Corp. of America (CXW) Reports Mixed Q4 Results; Guides Q1, FY10 EPS; to Buyback $250M in Stock
- Max Capital Group (MXGL) Declares $0.10 Quarterly Dividend; 1.8% Yield; Announces $100M Share Repurchase Program
- NET 1 UEPS Technologies (UEPS) Tops Q2 EPS by 1c; Approves $50 Million Stock Buyback
Ralcorp Holdings, Inc. (NYSE: RAH) has authorized the repurchase of up to seven million shares of the company's common stock. This authorization allows the Company to make purchases from time to time, as determined by management, at prevailing market prices.
"While we have completed over 20 acquisitions and repurchased 9.5 million shares over the past 12 years, we have also remained focused on maintaining a strong balance sheet as a key to our success. Accordingly, we remain committed to maintaining our present credit ratings while we use our strong cash flows to drive long-term shareholder value," said Scott Monette, Vice President and Treasurer.
[SM]
Related Categories
Stock BuybacksStocks Mentioned
+0.33Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
