Source: Press Release 5/10/2012

USANA Health Sciences Increases Share Repurchase Authorization

SALT LAKE CITY, May 09, 2012 -- USANA Health Sciences, Inc. today announced that its board of directors has authorized an increase in its share repurchase program to $50 million. The updated share repurchase authorization is an increase of $22 million from the $28 million remaining under the prior authorization as of the end of the first quarter of 2012.

Repurchases may be made from time to time, in the open market, through block trades or otherwise. The number of shares to be purchased and the timing of purchases will be based on market conditions, the level of cash balances, general business opportunities and other factors.

Dave Wentz, Chief Executive Officer, said, "The Board's authorization of additional funding for our stock repurchase program is an indication of our confidence in the long-term growth potential of the Company. We will continue to explore opportunities to build long-term value for our shareholders."

View USANA Review

Related News

  • USANA Health Names Kevin Guest CEO
    November 24, 2016 -- USANA Health Sciences, Inc., a manufacturer of nutritional supplements, healthy foods and personal care products, announced Wednesday the appointment of current Co-CEO, Kevin Guest, as CEO of the company, as Dave Wentz has made the personal decision to step down as Co-CEO and a ...  Read More...
  • USANA Receives Seal of Approval for Joint Health Supplement
    SALT LAKE CITY, June 2, 2016 -- Creating products aimed to improve the health and wellness of the world is the mantra of USANA Health Sciences - and having those products contain pure ingredients with accurate labels is equally important. Which is why USANA considers a seal of approval from third-pa...  Read More...
  • USANA Receives 5 Best of State Awards
    SALT LAKE CITY, May 11, 2015 -- To be considered the best takes years of hard work and dedication. Remaining the best is even more challenging. Yet USANA Health Sciences continues to show its competitors why it is an industry leader, claiming five Best of State medals for its innovative science and ...  Read More...
  • USANA Recognized for Ethical Business Practices
    October 31, 2014 -- FOR the fifth consecutive year, USANA Health Sciences has been recognized as one of 52 dedicated Direct Selling Association (DSA) member companies to take part in the 2014 DSA Code of Ethics Communication Initiative. While participation in the program is optional for DSA member c...  Read More...

 

USANA News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed