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Krispy Kreme Doughnuts, Inc. Message Board

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  • glsierra glsierra Mar 28, 2012 11:24 PM Flag

    KKD, $20 Million Share Repurchase Authorization

    I thought they'd go the dividend route, this buyback catches me by surprise. I like it. The amount, etc is irrelevant! As noted above, this is a huge signal to the market that the business has turnaround and confidence is WAY up.

    Although I am fine with this buyback, I have to admit that I'd rather have seen them take another wack at the debt instead. This move tells me that debt level is where they want it... that part I am not happy with.

 
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17.14-0.08(-0.46%)Aug 31 4:03 PMEDT