Dole Food Company, Inc. (DOLE) said Thursday that its Board of Directors has approved a share repurchase program for up to $200 million of the company's outstanding common stock.
The share repurchase authorization, which is effective immediately, permits Dole to effect share repurchases from time to time through open market repurchases, block trades, privately negotiated transactions, tender offers, and/or other transactions.
The timing, method, and amount of any shares repurchased will be determined based on Dole's evaluation of market conditions, the trading price of Dole's common stock and other factors.
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