Herbalife Launches $250 Million Stock Buyback
Herbalife announces a $250M share buyback, citing attractive valuation and strong cash flow. HLF shares trade higher.
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Citigroup analyst Chasen Bender maintains Herbalife (NYSE:HLF) with a Buy and lowers the price target from $21 to $17.
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Herbalife announces a $250M share buyback, citing attractive valuation and strong cash flow. HLF shares trade higher.
The new authorization reflects the Company’s confidence in its business strategy, financial outlook and ability to generate sustainable free cash flow, while providing an additional avenue to create long-term value for
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