Herbalife Ltd. - HLF STOCK NEWS

Herbalife Nutrition (NYSE: HLF) announced the addition of three new independent directors: Sophie L’Helias, Kevin M. Jones, and Don Mulligan. This initiative aims to enhance the Board's leadership experience and strengthen governance to drive future growth and shareholder value. The appointments follow the departures of Michael Montelongo and Margarita Paláu-Hernández, effective at the 2021 Annual General Meeting on April 28. John Agwunobi highlighted the extensive qualifications of the new members, emphasizing their expertise in governance, business transformation, and financial management.

Herbalife Nutrition celebrates its Nutrition for Zero Hunger initiative, having donated over $3 million in aid. The initiative aims to combat global malnutrition, with 700,000 meals provided and 800,000 servings of products donated. Key partnerships with organizations like Feed the Children and The Hunger Project have reached over 87,000 beneficiaries. The company emphasizes its commitment to global hunger eradication, aligning with the United Nations' Sustainable Development Goal 2.

Herbalife Nutrition Ltd. (NYSE: HLF) announced its executives will present at the Consumer Analyst Group of New York (CAGNY) Virtual Conference on February 19, 2021. The CEO John Agwunobi, President John DeSimone, and CFO Alex Amezquita will discuss growth opportunities in weight management, sports nutrition, and health sectors. The presentation will be available live at 1:50 p.m. ET on the company's website and will also be accessible for replay. Herbalife aims to provide nutrition products and business opportunities globally, operating in over 90 countries since 1980.

Herbalife Nutrition (NYSE: HLF) has partnered with LA Galaxy to launch the first-ever immersive ARIA 360 augmented reality fan experience, allowing fans unprecedented access to exclusive stadium areas, including the players' lounge and locker room. This interactive experience, available through the end of the MLS season, enables fans to engage with players and learn about nutrition and healthy lifestyles. Herbalife has been a partner of the LA Galaxy since 2007, demonstrating its commitment to sports and nutrition.

Herbalife Nutrition Ltd. (NYSE: HLF) is set to release its fourth quarter and full-year 2020 financial results on February 17, 2021, after market close. A conference call with senior management will follow at 5:30 p.m. ET, discussing recent financials and business trends. Investors can access the call via phone (domestic: 833-962-1459, international: 956-394-3596) or through a live webcast on the company's investor relations website. An audio replay will be available post-call.

Herbalife Nutrition (NYSE: HLF) announced that its innovation and manufacturing facilities in Winston-Salem, North Carolina, and Lake Forest, California, have achieved the ISO 45001 Occupational Health and Safety Standard from NSF-ISR. This certification underscores the company's commitment to employee health and safety. It marks the third certification from NSF for both locations, which adhere to U.S. Good Manufacturing Practices. The Winston-Salem facility, spanning 800,000 square feet, produces approximately 400,000 units daily with over 750 employees.

Herbalife Nutrition (NYSE: HLF) has launched the Protein Baked Goods Mix, marking its entry into the baked goods category. This mix can be combined with Formula 1 Healthy Meal Nutritional Shake Mix to create high-protein options like muffins, waffles, donuts, and pancakes, catering to the evolving consumer trends of consuming breakfast items at non-traditional times.

Each serving contains 24 grams of protein, 21 vitamins and minerals, and 5 grams of fiber, with no artificial sweeteners. The product aims to support healthy lifestyle goals and increase protein intake conveniently.

Herbalife Nutrition (NYSE: HLF) has joined the United Nations Global Compact, underscoring its commitment to the Sustainable Development Goals (SDGs). This initiative demonstrates Herbalife's dedication to societal improvement and corporate sustainability. The company's CEO, John Agwunobi, emphasized the integration of the Compact's principles into business practices. As part of its corporate responsibility, Herbalife has previously invested over $2 million in its Nutrition for Zero Hunger initiative, collaborating with various organizations to combat hunger globally.

Herbalife Nutrition Ltd. announced a share repurchase agreement on January 3, 2021, to buy back approximately $600 million of its common shares at $48.05 each from Icahn Enterprises. This transaction, set to close by January 7, will reduce Icahn's stake to about 6% of outstanding shares. Herbalife has now repurchased approximately $1.5 billion in shares since initiating the program in 2018. CEO John Agwunobi emphasized the buyback as a sign of the company’s strength and growth prospects, while Carl Icahn noted his belief in the company’s long-term strategy and products.