Herbalife hints at more buybacks, shares rise

|About: Herbalife Ltd. (HLF)|By:, SA News Editor

Herbalife (HLF +6.3%) shares are moving back towards their highs of the day as management says the company is "underlevered" on the call.

Although buybacks are factored into guidance, HLF suggests it could repurchase more shares without tapping the debt market.