Krispy Kreme Announces $50 Million Buyback; Retires Term Loan in Full
July 15, 2013 at 07:32 AM EDT
Krispy Kreme Doughnuts (NYSE: KKD) announced today that its Board of Directors has approved the repurchase of up to $50 million of the Company's common stock, effective immediately. The Company also announced that it has refinanced its secured credit facilities and retired in full the $22 million outstanding balance of its term loan. Share Repurchase Authorization The