Dean Foods ups share buyback plan

by Eric Schroeder
Share This:

DALLAS — The board of directors of Dean Foods Co. on Wednesday increased the company’s share purchase program by $300 million.

To date, the company has repurchased a total of $106.6 million in stock in the third quarter, and the expanded program brings the total available for repurchases to $311 million.

The company currently has about 150.5 million shares outstanding.

Shares of Dean Foods fell 17c to close Wednesday at $34.80 on the New York Stock Exchange.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.

The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.