Source: Forbes 8/27/2007

Herbalife Increases Buyback Plan

Herbalife Ltd., which sells nutritional supplements, said Thursday its board of directors authorized an increase of $150 million to its share repurchase plan.

The increase raises the total authorized amount of shares available for repurchase to $450 million.

To finance a portion of the program, Herbalife (nyse: HLF - news - people ) said it requested an additional $150 million in its revolving credit commitments. That would bring its credit line up to $250 million, the company said.

View Herbalife International Review

Related News

  • Herbalife Partners with LA Non-Profits to Provide Thanksgiving Dinners
    LOS ANGELES, Nov. 22, 2017 - In an effort to provide a healthier and happier Thanksgiving, premier global nutrition company Herbalife once again partnered with two Los Angeles based non-profit organizations, the Union Rescue Mission (URM) and A Place Called Home (APCH), to provide Thanksgiving meals...  Read More...
  • Herbalife Reports Third Quarter Results
    November 02, 2017

    LOS ANGELES--Herbalife Ltd. reports results for the third quarter ended September 30, 2017.

    'During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,' said Rich Goudis, CEO of Herbalife. 'By continuing to imp...  Read More...

  • Herbalife Nutrition Recognized With Forbes Magazine Award
    LOS ANGELES--Global nutrition company, Herbalife, is honored to receive a place on Forbes' list of America's Best Midsize Employers.

    'We're proud to be recognized as part of the Forbes list of America's Best Midsize Employers,' said Jean Marie Cacciatore, senior vice president of human resour...  Read More...

  • FTC Sending Checks to Herbalife Distributors
    January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed wit...  Read More...

 

Herbalife International News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed