BellRing Brands Announces New Share Repurchase Authorization of $600 Million

Rhea-AI Summary

BellRing Brands (NYSE:BRBR) announced a $600 million share repurchase authorization over the next two years, with repurchases under the new program beginning on November 19, 2025.

The company noted it had repurchased approximately $123 million under a prior $400 million authorization, which was cancelled effective November 19, 2025. Repurchases may occur in the open market, via private purchases, forward/derivative or accelerated transactions, or otherwise, but the authorization does not obligate BellRing to buy any specific amount and may be suspended or terminated at the company’s discretion.

Positive

• $600 million repurchase authorization over two years
• Repurchases effective starting on November 19, 2025
• Approximately $123 million repurchased under prior authorization

Negative

• Authorization does not obligate share purchases
• Repurchases may be suspended or terminated at any time

Insights

Capital Allocation Strategist

BellRing approves a sizeable $600 million repurchase through Nov 19, 2025, signaling shareholder-return focus.

The Board authorised up to $600 million of share repurchases over the next two years, replacing a prior $400 million plan; the company had already repurchased approximately $123 million under the earlier programme. This action directly reduces share count if executed, shifting capital toward buybacks rather than other uses and potentially increasing per-share metrics.

Execution depends on cash availability, market prices and legal constraints, which the release explicitly cites as controlling factors; the company may pause or stop repurchases at its discretion. Watch actual repurchase cadence and quarterly cash-flow disclosures over the next two years starting Nov 19, 2025 to gauge follow-through and net impact on shares outstanding.

ST. LOUIS, Nov. 20, 2025 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) today announced its Board of Directors approved a $600 million share repurchase authorization over the next two years, with share repurchases under the new authorization beginning on November 19, 2025. As of November 19, 2025, BellRing had repurchased approximately $123 million under its previous $400 million share repurchase authorization, which became effective on September 2, 2025, and has been cancelled effective November 19, 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

How much is BellRing Brands (BRBR) authorized to repurchase and over what period?

BellRing is authorized to repurchase $600 million of shares over the next two years.

When did BRBR begin repurchases under the new $600 million authorization?

Repurchases under the new authorization began on November 19, 2025.

How much had BellRing repurchased under its prior $400 million program?

As of November 19, 2025, BellRing had repurchased approximately $123 million under the prior authorization.

Does the $600 million authorization obligate BellRing to buy a set number of shares?

No. The authorization does not obligate the company to acquire any particular amount of shares.

What methods may BellRing use to repurchase shares under the BRBR program?

Repurchases may be made in the open market, private purchases, forward/derivative, accelerated or automatic purchase transactions, or otherwise.

Can BellRing suspend or end the BRBR repurchase program before two years?

Yes. The company said repurchases may be suspended or terminated at any time at its discretion.