Benzinga | Jul 13, 2020 08:04AM EDT

Herbalife Nutrition Announces A Self-Tender Offer Seeking To Purchase Up To $750M Of Its Common Shares

Herbalife Nutrition Ltd. (NYSE:HLF) (the "Company") today announced it has commenced a "modified Dutch auction" self-tender offer to purchase for cash up to $750 million of its common shares at a per share price not greater than $50.00 nor less than $44.75 (the "tender offer").