US EditionKraft Heinz authorizes $3B in share repurchase after ‘milestone’ quarter
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Kraft Heinz authorizes $3B in share repurchase after ‘milestone’ quarter
The Kraft Heinz board of directors has approved up to $3 billion in a share repurchase program, the ketchup-maker announced on Monday. The company, also known for its Mac and Cheese, Kraft Singles and Philadelphia Cream Cheese, said it will buy back outstanding shares of common stock through Dec. 26, 2026, while crediting a big third quarter and better balance sheet for allocating the repurchase strategy. HEINZ ROLLING OUT PICKLED-FLAVORED KETCH…
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