Post Holdings, Inc.'s Board of Directors has approved a $400 million share buyback plan
Buybacks
June 7, 2023
Post Holdings, Inc., a consumer packaged goods holding company, has made a significant announcement regarding a new stock repurchase authorization. The Board of Directors has approved a $400 million share buyback plan, which is set to commence on June 7, 2023.
Post Holdings, Inc. has given the green light to repurchase $400 million worth of shares in the open market. These repurchases may also take place through private purchases, forward, derivative, accelerated repurchase, automatic purchase transactions, or other appropriate methods. The shares repurchased will be held as treasury stock, providing the company with added flexibility.
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