TreeHouse Foods, Inc. Renews Share Repurchase Authorization
TreeHouseTreeHouse(US:THS) Prnewswire·2024-11-13 11:55

Core Viewpoint - TreeHouse Foods, Inc. has announced a $400 million share repurchase authorization, reflecting confidence in its balance sheet and future cash generation capabilities [1][2]. Group 1: Share Repurchase Details - The Board of Directors has approved a renewal of the share repurchase authorization, maintaining an annual cap of $150 million [1]. - The company will repurchase shares opportunistically, with the authorization being open-ended and effective immediately [1][3]. - Shares will be repurchased in the open market, through private purchases, or other means, and will be held as treasury stock [3]. Group 2: Company Overview - TreeHouse Foods, Inc. is a leading manufacturer of private brands in the snacking and beverage sector in North America [4]. - The company focuses on customer engagement and aims to deliver excellent service while driving mutually profitable growth [4].