Calavo Growers (CVGW) Announces $25M Share Buyback

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Go back to Calavo Growers (CVGW) Announces $25M Share Buyback

Calavo Growers, Inc. Announces $25 Million Stock Repurchase Program

March 18, 2025 4:07 PM EDT

SANTA PAULA, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry and provider of value-added fresh food (the Company or Calavo), today announced that its Board of Directors has authorized a share repurchase program of up to $25 million of the Company's outstanding common stock.

This repurchase program underscores our confidence in our long-term strategy, financial position, and ability to drive shareholder value, said Lee Cole, President and CEO of Calavo. Together with our strong balance sheet,... More