Fantastic move, and sort of thought tis might be coming!!!!!!!!
"This share repurchase authorization is an indication of Krispy Kreme's financial strength as well as our positive outlook for the future," commented James H. Morgan, Jr., Chairman and CEO. "Over the past several years, we have substantially improved our performance and strengthened our balance sheet, and are confident that we have the capital resources to implement and support our growth plans. This authorization is also consistent with our ongoing commitment to enhance long-term returns to our shareholders."