Wolverine World Wide (WWW) Approves $300M Common Stock Buyback Plan
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Wolverine Worldwide Announces Authorization Of $300 Million Share Repurchase Program
August 16, 2016 7:55 AM EDTROCKFORD, Mich., Aug. 16, 2016 /PRNewswire/ --Â Wolverine Worldwide (NYSE: WWW) today announced that the Company's Board of Directors approved a new, four-year share repurchase program, authorizing up to $300 million in share repurchases and replacing the remaining balance of the Company's 2014 Share Repurchase Program.Â
"Wolverine Worldwide has a long history of returning value to shareholders through share repurchases and consistent dividend payments. Today, the strategic priorities for the Company remain unchanged, and our business model continues to work and generate significant cash," said Blake W. Krueger, Wolverine's Chairman, Chief Executive Officer and... More
