Campbell Soup Initiates $1.5 Billion Stock Buyback

Campbell Soup (NYSE: CPB) is opening the corporate coffers to buy its own stock. The company announced that its board of directors has authorized a fresh share repurchase program for up to $1.5 billion in buybacks. The authorization kicks in on May 1, and has no expiration date (although Campbell Soup stressed that the program can be suspended or halted at any time). …read more

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