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Medifast, Inc. Buyback

OLI recorded this information on 12/9/2013

Company: Medifast, Inc.
Buyback: MED buyback
Shares Announced Repurchased: 786,000
Buyback Details: Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, portion-controlled weight-loss products and programs, today announced that, as of December 9, 2013, it had completed the repurchase of 786,000 of its common shares under its existing 1,125,000 share repurchase authorization at an average price of $25.46.

Medifast is engaged in the health and wellness communities called OPTAVIA®, which provides Lifelong Transformation, One Healthy Habit at a Time®. OPTAVIA is a lifestyle solution for people for whom diets alone have failed. Co. sells a variety of weight loss, weight management and healthy living productsall based on its formulas under the Medifast®, OPTAVIA®, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home® brands. Co.'s product line includes various consumable options, including, but not limited to, bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups.

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Company Name:  Medifast Inc
Stock buyback:  MED buyback
Website:  www.medifastnow.com
Sector:  Consumer Goods
Number of ETFs Holding MED:  60
Total Market Value Held by ETFs:  $590.86M
Total Market Capitalization:  $2.53B
% of Market Cap. Held by ETFs:  23.36%
 

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September 21, 2021    6:18 AM Eastern
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Strong Buy (4.00 out of 4)
84th percentile
(ranked higher than approx. 84% of all stocks covered)

Analysts' Target Price:
MED Stock Forecast

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