Market Overview

Herbalife to Provide Update at Analyst, Investor Meeting on Jan. 10th; Will Provide Responses on Questions to Business Model

Related HLF
Scott Wapner Believes That Bill Ackman Is Increasing His Short Position In Herbalife
CNBC's Stock Pops & Drops From August 20
Every Leader's Achilles Heel (Fox Business)

Herbalife Ltd. (NYSE: HLF) will host an Analyst and Investor Meeting in New York at 9:00 AM EST on January 10, 2013. Senior management will discuss the company's business in detail:

* Comprehensive response to investor questions on its business model; * Regulatory perspectives; * Update on the business and strong growth prospects.

Due to trading blackout period restrictions, the company noted that it has yet to utilize the $950 million remaining on its existing $1 billion share repurchase authorization. The company said that it now expects to exceed its previously announced quarterly guidance of $50 million of the repurchase authorization in upcoming quarters.

Herbalife noted that it has retained Moelis & Company as its strategic advisor.

Posted-In: News Buybacks

 

Related Articles (HLF)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters