Dean Foods Expands Buyback

The board increases the share repurchase authorization by $300 million.
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Dean Foods

(DF) - Get Report

said its board increased the company's share repurchase authorization by $300 million.

The Dallas-based food and drinks company has repurchased $106.6 million in stock in the third quarter. With the increase announced Thursday, Dean can buy back up to $311 million of stock.

Shares of Dean were gaining 32 cents to $35.12.