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GNC Buyback image

GNC Holdings, Inc. Buyback

OLI recorded this information on 11/3/2015

Company: GNC Holdings, Inc.
Buyback: GNC buyback
$Amount Authorized: $200,000,000
Buyback Details: GNC Holdings, Inc. (NYSE: GNC), a leading global specialty retailer of health and wellness products, today announced it has resumed open market share repurchases and expects to repurchase an additional $200 million in shares before the end of 2015. Subject to the price and timing at which the shares are ultimately retired, the Company expects the share repurchases to result in an earnings impact of approximately $0.02 per share for 2015, and as a result has updated 2015 adjusted earnings per share guidance from approximately $2.85-$2.90 to approximately $2.87-$2.92.

GNC Holdings is a holding company. Through its subsidiaries, Co. provides an assortment of health, wellness and performance products, including protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, and health and beauty. Co.'s United States and Canada segment is comprised of the sale of products to customers at its company-owned stores in the United States, Canada and Puerto Rico. Co.'s International segment consists of international franchisees and also includes Co.'s Ireland operations. Co.'s Manufacturing/Wholesale segment is comprised of its manufacturing operations in South Carolina and its wholesale partner relationships.
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GNC — Key Stats (updated Thu., Jul. 2, 10:23 AM)
Company Name:  GNC Holdings Inc
Stock buyback:  GNC buyback
Website:  www.gnc.com
Sector:  Grocery & Drug Stores
 

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April 19, 2024  •  12:21 PM Eastern
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