Central Garden & Pet (CENT) recently increased its share repurchase authorization by $100 million, bringing the total to approximately $127 million, signaling a focus on capital returns. The company also strengthened its board by appointing Kay M. Schwichtenberg, an experienced animal health executive. These developments, along with recent shareholder approval of governance and executive pay proposals, aim to reinforce investor confidence and enhance industry expertise within the company.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Central Garden & Pet boosts share repurchase authorization, governance
Central Garden & Pet (CENT) recently increased its share repurchase authorization by $100 million, bringing the total to approximately $127 million, signaling a focus on capital returns. The company also strengthened its board by appointing Kay M. Schwichtenberg, an experienced animal health executive. These developments, along with recent shareholder approval of governance and executive pay proposals, aim to reinforce investor confidence and enhance industry expertise within the company.