Campbell Soup Co has announced the authorisation of a share repurchase programme.

Under the programme, announced yesterday (24 June), Campbell is authorised to repurchase up to US$1bn of outstanding shares in open market and privately negotiated transactions. The programme has no expiration date.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The programme replaces the June 2008 authorisation of $1.2bn, which has now completed. It is in addition to Campbell’s practice of buying back shares sufficient to offset those issued under incentive compensation plans.

Campbell has also confirmed the election of Denise Morrison as president and CEO with effect from 1 August. In October last year, Morrison was named executive VP and COO and elected a director of the company in anticipation of her appointment to the role of CEO at the beginning of fiscal 2012.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact