Whole Foods Market (WFM) Posts Q4 GAAP EPS of 16c; Approves New $1B Buyback Plan
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Whole Foods Market Announces New $1 Billion Share Repurchase Program, Dividend Increase and New Capital Structure Plan
November 4, 2015 4:07 PM ESTAUSTIN, Texas, Nov. 4, 2015 (GLOBE NEWSWIRE) -- Whole Foods Market (NASDAQ: WFM) today announced a new capital allocation strategy that reflects confidence in the Company's future growth and cash flow generation, while expanding its commitment to return capital to shareholders.
As part of this strategy, the Company's Board of Directors has authorized a new $1 billion share repurchase program, bringing the Company's total share repurchase authorization to $1.3 billion. In addition, the Board declared a 4% increase in the quarterly dividend to $0.135 per share from $0.13 per share, the Company's fifth consecutive dividend increase since reinstating the... More
