Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2015
 •  P&G Rewrites Holiday Classic for Febreze  •  A Giftless Holiday Season?  •  Colgate Honored by US Green Building Council  •  A STEM Grows at L'Oréal  •  New CFO at Gordon Laboratories

Avon To Buy Back More Stock

Published December 9, 2005
Related Searches: approved share products avon
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