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November 16, 2022 6:01 PM EST

Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $100 million. Shares were up more than 3% after-hours today following the company’s reported Q3 beat.

Arconic Corporation (NYSE: ARNC) announced today that its Board of Directors approved a two-year share repurchase authorization of up to $200 million of common stock. This program is followed by the completion of the company’s first $300 million repurchase authorization in Q3/2022.

Performance Food Group Company (NYSE: PFGC) today announced that its Board of Directors authorized a share repurchase program for up to $300 million of the company's common stock with a four-year term.

By Davit Kirakosyan

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