Whole Foods (WFM) Adds $300M to Buyback Plan
- Top 10 News for 9/19 - 9/23: Twitter on the Auction Block; Allergan Bolsters NASH Effort; Microsoft Returns Value
- Wall Street falls as energy lags; shares post gains on week
- Rumored Forever, Twitter (TWTR) May Have Finally Put the 'For Sale' Sign Up
- Facebook (FB) Shares Under Pressure on Reports Video Ad Metrics Were Artificially Inflated
- Brookfield Infrastructure (BIP)-Led Consortium to Take Controlling Stake in Petrobras' (PBR) NTS for $5.2B
Whole Foods Market, Inc. (Nasdaq: WFM) announced that its Board of Directors has approved an additional $300 million of stock buyback authority through December 31, 2014. The Company has approximately $171 million of authority remaining under its existing program through November 1, 2013. The Company had approximately 185.5 million shares outstanding as of November 16, 2012. The $471 million combined authorization represents approximately three percent of shares outstanding at the current stock price.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Whole Foods Market (WFM) Said to Invest in Instacart at $2B Flat Valuation - Bloomberg
- Geopark Limited (GPRK) to Resumes $10M Stock Buyback Program
- AutoZone Authorizes Additional Stock Repurchase
Create E-mail Alert Related CategoriesStock Buybacks
Related EntitiesStock Buyback
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!