Pepsi buying back shares for $15B
by Associated Press Published: March 15,2010
Tags: beverage industry, Pepsi, publicly traded company, stock repurchase, stocks and bonds
PURCHASE, N.Y. — PepsiCo says it will buy back up to $15 billion shares of its common stock through June 2013. The world’s second-biggest soft drink seller previously said today it expects to repurchase about $4.4 billion shares this year. PepsiCo also says it’s boosting its annual dividend by 7 percent to $1.92, likely starting [...] [...]
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