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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Bullboard Posts
Post by ErskineReidon Sep 02, 2015 11:00am
244 Views
Post# 24071584

Buyback

BuybackThe company resumed its share buyback if the agressive Canaccord buying is any indication. Hedge funds appear to be covering as well, picking up on the latest development. They will likely use this management reorganization opportunity to purchase the remaining 5% of the company before Q3. The timing fits perfectly with their daily quota.
Bullboard Posts