- Post Holdings ( NYSE: POST ) stated Tuesday that its Board has approved a new buyback program to repurchase up to $300M of the company's common shares, beginning Sept. 3, 2022.
- The consumer packaged goods company repurchased $354M under the prior $400M buyback program, which now stands cancelled.
- The company notes, "The shares would be repurchased with cash on hand and cash from operations. Any shares repurchased would be held as treasury stock."
- Earlier: Seth Klarman's Baupost Fund exited Post ( POST ) as per its latest 13F filing.
For further details see:
Post Holdings announces new $300M buyback program