date:Jul 16, 2013
ies and Exchange Commission requirements. The company had approximately 66 million shares outstanding as of July 12.
Krispy Kremes shares opened at $20.35 on July 15, up from $20.10 at the end of trading on July 12 and more than double the share price of $9.60 on Jan. 2.
Having completed a $20 million share repurchase program last year, we view this $50 million additional repurchase authorization as a further indication of Krispy Kremes financial strength, our outstanding free cash flow genera