BellRing Brands (BRBR) late Thursday said its board authorized a new $300 million stock repurchase program extending through March 7, 2027.
Subsequent to Dec. 31, 2024, and as of March 6, 2025, the company has repurchased 2.1 million shares at an average price of $72.14 apiece, totaling $151.7 million.
BellRing had bought back about $288 million of its common stock under its previous $300 million authorization, which was canceled effective March 6, 2025.
Shares of BellRing Brands were up 1.5% in after-hours trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.