TreeHouse Foods ( (THS) ) has shared an update.
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TreeHouse Foods, Inc. has announced a renewed $400 million share repurchase authorization, highlighting confidence in its financial strength and future cash generation. The company plans to repurchase shares opportunistically, maintaining an annual cap of $150 million, and will hold these as treasury stock. This move underscores TreeHouse’s commitment to delivering shareholder value and reflects a strategic approach to capital allocation.
Find detailed analytics on THS stock on TipRanks’ Stock Analysis page.