BellRing Brands, Inc. Buyback
OLI recorded this information on 2/29/2024
Company: |
BellRing Brands, Inc. |
Buyback: |
BRBR buyback |
$Amount Authorized: |
$300,000,000 |
Buyback Details: |
BellRing Brands, Inc. (NYSE:BRBR) today announced its Board of Directors approved a $300 million share repurchase authorization over the next two years, with share repurchases under the new authorization beginning on March 11, 2024. Subsequent to December 31, 2023 and as of February 29, 2024, BellRing repurchased 0.2 million shares of its common stock for $12.3 million at an average price of $53.58 per share. As of February 29, 2024, BellRing had repurchased approximately $79 million under its previous $80 million share repurchase authorization, which became effective on May 3, 2023 and will be cancelled effective March 11, 2024. |
BellRing Brands is a consumer products holding company. Though its subsidiaries, Co. is a provider of ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars. Co. has a single operating and reportable segment, with its principal products being protein-based consumer goods. Co.'s brand, Premier Protein's product portfolio consists of RTD protein shakes, protein beverages, and protein powders. Co.'s Dymatize brand's portfolio includes an assortment of sports nutrition products, including protein powders. Co.'s protein powder portfolio consists of three primary products: ISO.100 made with hydrolyzed 100% Whey Protein Isolate, Elite 100% Whey and Super Mass Gainer.
BRBR SEC Filing Email Alerts Service
Open the BRBR Page at The Online Investor »
Company Name: |
BellRing Brands Inc (New) |
Stock buyback: |
BRBR buyback |
Website: |
www.bellringbrands.com |
Sector: |
Consumer Goods |
Number of ETFs Holding BRBR: |
62 |
Total Market Value Held by ETFs: |
$1.37B |
Total Market Capitalization: |
$7.12B |
% of Market Cap. Held by ETFs: |
19.21% |
|
Open the BRBR Page at The Online Investor (in a new window) »