NYSE:SAMBeverage
Boston Beer Company (SAM): Assessing Valuation After $50 Million Share Buyback Authorization
Boston Beer Company (SAM) just revealed that its Board has approved a new share buyback program, giving it the green light to purchase up to $50 million of its own stock by December 2025. For investors, these kinds of buyback authorizations can stand out, as they often hint that management believes shares might be undervalued or that there are currently better uses for capital than spending on growth. The announcement follows a period where Boston Beer has been recalibrating its business, and...