News Column

BRIEF: Panera Bread Co. approves $600 million share buyback program

June 5, 2014

By Tim Barker, St. Louis Post-Dispatch

June 05--Panera Bread Co. today announced that its board of directors approved a new three-year share repurchase program of up to $600 million.

It replaces an existing program set to expire in August of 2015.

The Sunset Hills-based company said the repurchases will occur occasionally on the open market or through privately-negotiated deals.

EDITOR'S NOTE: This story was updated at 6:10 p.m. to correct the location of the company's headquarters.

Tim Barker is the biotechnology and agriculture reporter for the St. Louis Post-Dispatch. Follow him on Twitter at @tbarker13


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Source: St. Louis Post-Dispatch (MO)

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