BellRing Brands Announces New Share Repurchase Authorization of $400 Million

Rhea-AI Summary

BellRing Brands (NYSE:BRBR) has announced a new $400 million share repurchase authorization effective September 2, 2025, spanning two years. The company recently completed significant repurchases, buying back 3.1 million shares for $123.4 million at an average price of $40.02 per share between June 30 and August 29, 2025.

Prior to this new authorization, BellRing had utilized approximately $226 million of its previous $300 million buyback program which began March 7, 2025. The previous authorization has been cancelled as of August 29, 2025. The company maintains flexibility in executing these repurchases through various methods, including open market, private purchases, and accelerated repurchase transactions.

Positive

• New $400 million share repurchase authorization demonstrates strong commitment to shareholder returns
• Company actively executing buybacks with $123.4 million spent recently at $40.02 per share
• High utilization rate of previous buyback program with $226M of $300M authorization completed

Negative

• Buyback program may reduce company's cash reserves for other investments
• Authorization does not guarantee actual share repurchases

ST. LOUIS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) today announced its Board of Directors approved a $400 million share repurchase authorization over the next two years with share repurchases under the new authorization beginning on September 2, 2025. Subsequent to June 30, 2025 and as of August 29, 2025, BellRing repurchased 3.1 million shares of its common stock for $123.4 million at an average price of $40.02 per share. As of August 29, 2025, BellRing had repurchased approximately $226 million under its previous $300 million share repurchase authorization, which became effective on March 7, 2025 and has been cancelled effective August 29, 2025.

Repurchases may be made from time to time in the open market, private purchases, through forward, derivative, alternative, accelerated repurchase or automatic purchase transactions, or otherwise. The authorization does not, however, obligate BellRing to acquire any particular amount of shares, and repurchases may be suspended or terminated at any time at BellRing’s discretion. The amount and timing of repurchases are subject to a variety of factors including liquidity, share price, market conditions and legal requirements.

Cautionary Statement on Forward-Looking Language

Forward-looking statements, within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, are made in this press release. These forward-looking statements are sometimes identified from the use of forward-looking words such as “believe,” “should,” “could,” “potential,” “continue,” “expect,” “project,” “estimate,” “predict,” “anticipate,” “aim,” “intend,” “plan,” “forecast,” “target,” “is likely,” “will,” “can,” “may” or “would” or the negative of these terms or similar expressions elsewhere in this press release. All forward-looking statements are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, unanticipated developments that prevent, delay or negatively impact the repurchases and other financial, operational and legal risks and uncertainties detailed from time to time in BellRing’s cautionary statements contained in its filings with the Securities and Exchange Commission. These forward-looking statements represent BellRing’s judgment as of the date of this press release. BellRing disclaims, however, any intent or obligation to update these forward-looking statements.

About BellRing Brands, Inc.

BellRing Brands, Inc. (NYSE: BRBR) is a dynamic and fast-growing consumer brands business with the purpose of Changing Lives with Good Energy. Focused on growing the convenient nutrition category, the company’s brands include Premier Protein, the #1 ready-to-drink protein and convenient nutrition brand, and Dymatize, the brand behind the #1 hydrolyzed protein powder. A culture-driven, pure-play company, BellRing Brands believes nutrition is at the core of a healthy world and produces products with best-in-class nutritional profiles and exceptional flavors. Its products are distributed in over 90 countries across club, mass, food, eCommerce, specialty, drug and convenience. To learn more visit www.bellring.com.

Contact:
Investor Relations
Jennifer Meyer
jennifer.meyer@bellringbrands.com
(415) 814-9388

FAQ

What is the size and duration of BellRing Brands' (BRBR) new share repurchase program?

BellRing Brands announced a $400 million share repurchase authorization effective September 2, 2025, which will run for two years.

How many shares did BRBR repurchase under its previous buyback program?

BellRing repurchased 3.1 million shares for $123.4 million at an average price of $40.02 per share between June 30 and August 29, 2025.

What happened to BellRing's previous share repurchase authorization?

The previous $300 million authorization, which began March 7, 2025, was cancelled on August 29, 2025, after the company had repurchased approximately $226 million worth of shares.

How will BellRing Brands execute its new share repurchase program?

BellRing may execute repurchases through various methods including open market purchases, private purchases, forward, derivative, alternative, accelerated repurchase or automatic purchase transactions.

Is BellRing required to complete the full $400 million share repurchase?

No, the authorization does not obligate BellRing to acquire any particular amount of shares, and repurchases can be suspended or terminated at any time at the company's discretion.