Herbalife (HLF) Tops Q1 EPS Views; Terminates Dividend, Will Do Buybacks Instead
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UPDATE: Herbalife (HLF) Shareholders Elect Three More Icahn Nominees
April 29, 2014 2:52 PM EDT(Updated - April 29, 2014 2:54 PM EDT)
Herbalife (NYSE: HLF) shareholders elect three more Icahn nominees to the company's board, bringing Icahn's total presence to five directors. The SEC filing is below:
'Great Move' by Herbalife (HLF) - Carl Icahn
April 28, 2014 4:34 PM EDTCarl 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.
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