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ScottsMiracle-Gro Board Authorizes Increased 200M Share Repurchase Plan (SMG)

By Insider Scoop
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Courtesy of Benzinga

The Scotts Miracle-Gro Company (NYSE: SMG), the world’s largest marketer of branded consumer lawn and garden products, announced that its Board of Directors has approved a supplemental plan to repurchase up to $200 million of the Company’s stock. The new plan is in addition to the existing $500 million authorization, which was approved last year.

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(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


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