date:Jul 16, 2013
The board of directors of Krispy Kreme Doughnuts, Inc. has approved the repurchase of up to $50 million of the companys common stock, effective immediately. The company also announced it has refinanced its secured credit facilities and retired in full the $22 million outstanding balance of its term loan.
Krispy Kreme said the $50 million share repurchase program will be implemented through purchases made from time to time in either open market or private transactions, in accordance with Securit