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Stock impact report

Charles River Labs (CRL) Is Down 6.7% After Strategic Overhaul and $1B Buyback Plan Announced [Yahoo! Finance]

Charles River Laboratories International, Inc. (CRL) 
Last charles river laboratories international, inc. earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.criver.com
Company Research Source: Yahoo! Finance
plans to divest underperforming businesses totaling about 7% of revenue, ramping up cost-saving measures expected to save US$70 million annually by 2026, and adopting a new US$1 billion share repurchase authorization. This move signals an accelerated effort to sharpen business focus and enhance shareholder value amid continued demand challenges and operational pressures in the contract research industry. We'll examine how these asset sales and significant cost reduction plans could reshape Charles River's long-term investment outlook. We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year . See the full list for free. Charles River Laboratories International Investment Narrative Recap At its core, being a shareholder in Charles River Laboratories means believing in the recovery of global biotech and biopharma demand and the company's ability to refocus on higher-margin, innovative services. The recent overhaul, including asset divestitures an Show less Read more
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