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Stock Market & Financial Investment News

News Breaks
November 8, 2012
15:12 EDTKKDKrispy Kreme slides as major stakeholder sells shares
Shares of doughnut retailer and wholesaler Krispy Kreme (KKD) are sliding as a major stakeholder announced the sale of 134,565 shares in total in a number of transactions. According to filings with the SEC, Mohamed Abdulmohsin Al Kharafi & Sons sold the shares at prices between $7.81 and $7.70, leaving the Kuwaiti private company with a direct ownership interest of 6,770,968 shares. In late afternoon trading, Krispy Kreme's stock slid 58c, or 7.63%, to $7.02.
News For KKD From The Last 14 Days
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September 17, 2014
16:06 EDTKKDKrispy Kreme boosts repurchase program to $105M from $80M
Krispy Kreme Doughnuts announced that its board has increased the company’s current share repurchase program from $80M to $105M. The current authorization was originally approved in July 2013, and was increased from $50M to $80M earlier this year. Including the increase announced today, there is approximately $50M remaining for future purchases under the program.

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