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Betterware Plans $50M Stock Buyback Program

Betterware De Mexico SAB De CV’s (NASDAQ:BWMX) Board of Directors authorized the repurchase of up to $50 million of common stock.…
byShivani Kumaresan
September 13, 2021
1 minute read
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  • Betterware De Mexico SAB De CV’s (NASDAQ:BWMX) Board of Directors authorized the repurchase of up to $50 million of common stock.
  • Betterware intends to have the stock repurchase plan in place until December 31, 2022.
  • The company held MXN 520.1 million in cash and equivalents as of June 30, 2021.
  • Price Action: BWMX shares are trading higher by 0.97% at $37.41 on the last check Monday.
 
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