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Cal-Maine Foods announces new $500M share repurchase program

Cal-Maine Foods announces new $500M share repurchase program

Cal-Maine Foods (CALM) announced that its Board has approved a new share repurchase program which authorizes repurchases of up to $500 million of Cal-Maine Foods’ Common Stock. The actual timing, value and manner of share repurchases will be determined by management in its discretion. The Company expects to strategically and opportunistically repurchase shares from time to time in the open market, subject to market conditions and other factors.

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