Premium Standard Farms, a vertically integrated provider of pork products, has announced that its board has authorised the repurchase of US$20m of the company’s outstanding stock.
Premium Standard Farms, a vertically integrated provider of pork products, has announced that its board has authorised the repurchase of US$20m of the company’s outstanding stock.
The repurchase, the company said, may be made through the open market, block trades or private transactions. The timing and size of the repurchase is at the company’s discretion and will be based on a variety of factors, such as market conditions and pricing.
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