Share Buyback Program Declared by Tyson Foods (NYSE:TSN)

Share Buyback Program Declared by Tyson Foods (NYSE:TSN)

Tyson Foods (NYSE:TSN - Get Free Report) announced that its Board of Directors has approved a share repurchase program on Thursday, August 7th, RTT News reports. The company plans to buyback 43,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Share Repurchase Program Announced by Tyson Foods (NYSE:TSN) Board

Tyson Foods (NYSE:TSN – Get Free Report) declared that its Board of Directors has initiated a stock repurchase program on Thursday, August 7th, RTT News reports. The company plans to repurchase 43,000,000 outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually […]