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Stock impact report

US Foods and Performance Food Group Terminate Information Sharing Process

US Foods Holding Corp. (USFD) 
Last us foods holding corp. earnings: 2/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: usfoods.com/investors.html
Company Research Source: Business Wire
US Foods Announces Planned $250 Million Accelerated Share Repurchase Agreement and New $1 Billion Share Repurchase AuthorizationReaffirms Fiscal 2025 Outlook and 2025 to 2027 Long-range Plan ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods”) today announced that the Company and Performance Food Group (NYSE: PFGC) (“PFG”) have terminated the previously-announced information sharing process by mutual agreement and will no longer pursue a potential combination. US Foods also reiterates its Fiscal 2025 Outlook and 2025 to 2027 Long-range Plan and announces a planned $250 million accelerated share repurchase (ASR) agreement under its current authorization. In addition, the Board of Directors approved a new $1 billion share repurchase authorization.“We have completed our thorough analysis, including synergies and regulatory considerations, of the potential benefits of a combination with PFG. While we are pleased to have engaged in this exploratory process t Show less Read more
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