'Great Move' by Herbalife (HLF) - Carl Icahn
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Carl Icahn commented on Herbalife's (NYSE: HLF) move to suspend its dividend in favor of buybacks. He calls it a 'great move." Shares are up 1.5% following better-than-expected results and the capital return plan change.
Great move by #HLF to suspend dividend & buyback shares. $HLF accelerates return to shareholders. Confirms confidence in the future.
— Carl Icahn (@Carl_C_Icahn) April 28, 2014
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