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