Nu Skin Announces $400M Increase In Share Buyback Authorization

Nu Skin Enterprises, Inc. NUS today announced that its board of directors has authorized a $400 million extension to the company's existing stock repurchase authorization. "As we build on another record quarter and ramp up for the global roll out of our ageLOC TR90 weight management system, we are increasingly optimistic about the future of our business," said Ritch Wood, chief financial officer. "We are confident in the company's ability to continue to generate strong cash flow and plan to use our financial strength to repurchase shares to create shareholder value." The board last increased the stock repurchase authorization by $250 million in May 2012. About Nu Skin Enterprises, Inc.Nu Skin Enterprises, Inc. demonstrates its tradition of innovation through its comprehensive anti-aging product portfolio, independent business opportunity and corporate social responsibility initiatives. The company's scientific leadership in both skin care and nutrition has established Nu Skin as a premier anti-aging company. The company's anti-aging products feature the new ageLOC® suite of products including the ageLOC® R2 nutritional supplement, ageLOC® Galvanic Spa System and ageLOC® Galvanic Body Spa™, as well as the ageLOC® Transformation daily skin care system. A global direct selling company, Nu Skin operates See full press release