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Happy Mohamed

MYSTERIOUS: Why shares of grief are trading higher | Mind Blowing Facts

Greif GEF Company NYSE Greif Inc

Greif, Inc. (NYSE:GEF) shares are trading higher after the company announced a $150 million share buyback program.

The Company has entered into a $75 million accelerated share repurchase agreement with Bank of America, N.A. to repurchase shares of the Company's Class A stock. In addition, the Company plans to repurchase an aggregate of $75 million shares of its Class A and Class B stock in open market purchases.

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