JDE Peet’s NV Announces Share Buyback Program
JDE Peet’s NV, a global coffee and tea company, has initiated a share buyback program. The company will repurchase shares at an average price below its current market value.
Program Details
- The share buyback program is part of a broader effort to return value to shareholders.
- The program’s details, including the total number of shares to be repurchased and the duration of the program, have not been disclosed.
Share Price Performance
The company’s share price has been relatively stable, with some fluctuations within a narrow range.
Leadership Change
Peter Harf, a long-serving managing partner, has retired from the company. His departure marks the end of an era, but the company’s new leadership is expected to continue driving growth and innovation in the coffee and tea industry.
Key Facts
- Peter Harf’s retirement marks the end of his tenure as managing partner.
- The company’s new leadership will continue to drive growth and innovation in the coffee and tea industry.