Core Viewpoint - BellRing Brands, Inc. has announced a $400 million share repurchase authorization over the next two years, starting from September 2, 2025, following a significant repurchase of shares in the recent past [1]. Share Repurchase Details - The company repurchased 3.1 million shares for $123.4 million at an average price of $40.02 per share as of August 29, 2025 [1]. - Prior to this announcement, BellRing had repurchased approximately $226 million under a previous $300 million authorization, which was effective from March 7, 2025, and has been cancelled as of August 29, 2025 [1]. Repurchase Mechanism - Repurchases may occur through various methods including open market purchases, private purchases, and other financial transactions, but the company is not obligated to acquire a specific amount of shares [2]. - The timing and amount of repurchases will depend on factors such as liquidity, share price, market conditions, and legal requirements [2]. Company Overview - BellRing Brands, Inc. is a consumer brands business focused on the convenient nutrition category, with brands like Premier Protein and Dymatize [4]. - The company emphasizes nutrition as essential for a healthy world and distributes its products in over 90 countries across various retail channels [4].
BellRing Brands Announces New Share Repurchase Authorization of $400 Million