DALLAS, Aug. 10 /PRNewswire-FirstCall/ — Dean Foods Company (NYSE: DF)
today announced that its Board of Directors has increased the company’s
authorization under its open market share repurchase program by $300 million.
To date, the company has repurchased a total of $106.6 million in stock in the
third quarter. With the increase announced today, there is a total of
$311 million available under the company’s share repurchase authorization.
Pursuant to the program, the company may, from time to time, purchase
shares of its common stock, subject to compliance with applicable law.
ABOUT DEAN FOODS
Dean Foods is one of the leading food and beverage companies in the United
States. Its Dairy Group is the largest processor and distributor of fresh
milk and other dairy products in the country, with products sold under more
than 50 familiar local and regional brands and a wide array of private labels.
The company’s WhiteWave Foods subsidiary is the nation’s leading organic foods
company. WhiteWave Foods markets and sells a variety of well-known dairy and
dairy-related products, such as Silk(R) soymilk, Horizon Organic(R) dairy
products and juices, International Delight(R) coffee creamers and LAND
O’LAKES(R) creamers and cultured products. Dean Foods Company also owns the
fourth largest dairy processor in Spain and the leading brand of organic dairy
products in the United Kingdom.
Contact: Barry Sievert Senior Director, Investor Relations (214) 303-3437
SOURCE Dean Foods Company
CONTACT: Barry Sievert, Senior Director, Investor Relations of Dean
Foods Company, +1-214-303-3437