Investors May Want to Give a Toast to PepsiCo
March 15, 2010 at 15:57 PM EDT
The world’s second largest soft drink maker, PepsiCo. (PEP), announced a share repurchase program that could amount to $15 billion over the next three years. The company had suspended buy backs earlier this year in order to devote capital to their acquisition of their two largest bottlers, which the company estimated at the time [...]