Sally Beauty (SBH) Board Approves $300M Buyback

August 27, 2012 4:07 PM EDT Send to a Friend
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Sally Beauty Holdings, Inc. (NYSE: SBH) today announced that its Board of Directors has approved a new stock repurchase program authorizing the Company to repurchase up to $300 million of its common stock over an 18-month period beginning October 1, 2012.

The announcement is the second repurchase authorized by the company in 2012. In May 2012, the Company repurchased approximately $200 million, or 7,551,444 shares of its common stock.


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