Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2014
 •  Solace Recalls Skin Tag Remover  •  Lysol Signs Jerry Rice  •  DS Healthcare Opens Hair Loss Clinic  •  Woolite Taps Style Expert for New TV Campaign  •  Restorsea Rolls Out 24-Karat Gold Oil
Print

Avon To Buy Back More Stock



Published December 9, 2005
Related Searches: quarter share products february
Post a comment
Avon Products, Inc. reported that the board expanded its $1 billion, five-year share repurchase program by $500 million. The company approved its $1 billion program in February, and has about $80 million remaining from an earlier buyback program that dates back to 2000 and runs through the third quarter. With the $500 million addition, the company said it will be authorized to buy back about 10% of its $15.6 billion market capitalization. Avon has about 472 million shares outstanding.


blog comments powered by Disqus