Darling Ingredients: Earnings Surge and Billion-Dollar Buyback Ignite Rally
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The Texas recycling specialist crushes expectations with a gigantic earnings per share of $2.41 and strong sales revenue of $1.724 billion. The expansion of the share buyback program to a massive $1 billion underscores the immense confidence of the management in future cash flow generation. A massive price jump under high trading volume clearly signals that institutional investors are now significantly buying into the fundamental turnaround in renewable fuels. The US company Darling Ingredients acts as a global leader and pioneer in the...
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