Whole Foods (WFM) Adds $300M to Buyback Plan

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

• Savers Value Village closes 23M share secondary offering
• Ericsson repurchases 4 million shares for SEK 387.5 million
• Universal Music Group repurchases 3.35 million shares under €250M buyback