Boston Beer Increases Expenditure Limit for Stock Repurchase Program

samuel adams

At its meeting held on October 15, 2015, the Board of Directors of The Boston Beer Company, Inc. (NYSE:  SAM) , voted to increase the aggregate expenditure limit for the Company’s Stock Repurchase Program by $50.0 million, thereby increasing the limit from $475.0 million to $525.0 million.

As of October 15, 2015, the Company had approximately $122.4 million remaining on the $525.0 million stock repurchase expenditure limit set by the Board of Directors.

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