Herbalife Ltd. (NYSE: HLF) on Monday, Sept. 8, 2026, authorized a share repurchase program of up to $250 million over three years. The Los Angeles-based health and wellness company said purchases may be made through open market transactions, privately negotiated deals, accelerated share repurchase agreements or other methods permitted by applicable laws and regulations.
The program does not obligate Herbalife to acquire a specific amount of common stock and may be suspended, modified or discontinued at any time.
Chief Financial Officer John DeSimone, who is also identified as incoming interim chief executive, said the company’s financial profile and free cash flow generation provide flexibility to invest in the business, maintain a strong balance sheet and return capital to shareholders. He added that repurchases represented a compelling use of capital given confidence in the company’s long-term outlook and the value of its shares at current levels.
Herbalife said executives would take part in the Barclays Global Consumer Conference, with meetings and a fireside chat scheduled for Wednesday at 7:30 a.m. ET. Scott Schaefer, senior vice president of finance and transformation, is identified as incoming CFO, and Samantha Holway is vice president of investor relations.
