secwatch.observer — SEC 8-K summary
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Issuer:     BELLRING BRANDS, INC. (BRBR)
CIK:        0001772016
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001772016-24-000034
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BellRing Brands announces $300M share repurchase authorization, cancels $80M prior authorization
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- Board approved new $300M two-year share repurchase authorization effective March 11, 2024.
- Existing $80M authorization (May 2023) cancelled; ~$79M had been used as of Feb 29, 2024.
- Since Dec 31, 2023, repurchased 0.2M shares for $12.3M at avg price of $53.58 per share.
- Repurchases not obligatory; subject to liquidity, market conditions, and legal requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772016/000177201624000034/0001772016-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772016/000177201624000034/brbr-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001772016-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer