Molson Coors authorizes $2B share repurchase program over five years

Molson Coors Beverage announced that its board of directors authorized a $2B share repurchase program with an expected program term of five years. “The company intends for its repurchases to be a mixture of sustained and opportunistic purchases that the company believes, with its balanced and cohesive approach, will improve shareholder value creation,” Molson Coors stated.