Molson Coors Steps Up Stock Buybacks as Bud Light Boycott Aids Business

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The maker of Coors Light and Miller Lite beer expects to maintain the gains it has seen since its rival’s marketing controversy, but analysts say that won’t be easy

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https://www.wsj.com/articles/molson-coors-steps-up-stock-buybacks-as-bud-light-boycott-aids-business-e19d7d2cMolson Coors Beverage secured a credit-rating upgrade and unveiled a plan for $2 billion in share buybacks, moves that follow rising volumes and cash flows in part aided by the aftermath of the Bud Light backlash.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

 

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