BellRing Brands approved a $300M share repurchase authorization over the next two years, with share repurchases under the new authorization beginning on March 11. Subsequent to December 31, 2023 and as of February 29, 2024, BellRing repurchased 0.2 million shares of its common stock for $12.3M at an average price of $53.58 per share. As of February 29, 2024, BellRing had repurchased approximately $79M under its previous $80M share repurchase authorization, which became effective on May 3, 2023 and will be cancelled effective March 11, 2024.
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