Nestle plans $20.8 billion share buyback amid Third Point pressure

June 27, 2017 by  
Filed under News

ZURICH (Reuters) – Nestle announced plans to buy back as much as 20 billion Swiss francs ($20.79 billion) worth of shares over three years, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company.

Source: Reuters Business News

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