Fortune Brands Home & Security announces $750M share buyback plan

• Fortune Brands Home & Security (NYSE:FBHS) has announced a $750M share repurchase program.
• The company plans to buyback up to $750M of its outstanding common stock over the next two years until March 1, 2024.
• The latest authorization today is in addition to the $134.6M remaining from an existing authorization which expires on July 23, 2023.

Comments

[Old Professor]

Solid company. It's what's left (after spin-offs, sales, etc.) of the original juggernaut know as American Brands.