Jim Cramer: Bank Debt Payments Prevents Herbalife From Buying Back Shares

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said burdensome bank debt prevents Herbalife from buying back shares of stock.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said burdensome bank debt prevents Herbalife (HLF) - Get Report from buying back shares of its stock. The company reported second quarter earnings on Wednesday that beat analysts' forecasts.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.