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BRBR — BellRing Brands News Story

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BellRing gains after $600 million share buyback program announced

** Shares of protein-based food and beverages co BellRing Brands BRBR.N rise nearly 4.5% to about $30.6 premarket

** BRBR to repurchase up to $600 million of shares over next two years, effective November 19

** As of November 19, co had repurchased ~$123 million under its previous $400 million buyback program started on September 2 and canceled on November 19

** Thirteen of 17 brokerages rate stock "buy" or higher and four "hold"; their median PT is $39 - data compiled by LSEG

** As of last close, shares down 61.2% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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