Nestle plans $20.8 billion share buyback after Third Point pressure

ZURICH (Reuters) - Nestle plans to buy back as much as 20 billion Swiss francs ($20.79 billion) worth of shares by June 2020, the Swiss food giant said on Tuesday as it responds to pressure brought by U.S. activist shareholder Third Point LLC.

Nestle plans $20.8 billion share buyback after Third Point pressure
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