Chairman and CEO, Michael Johnson, Purchased Nearly $500,000 Worth of Herbalife Shares
February 20 2024 - 7:05AM
Business Wire
Herbalife Ltd. (NYSE: HLF) a premier health and wellness
company, announced today that its Chairman and CEO, Michael
Johnson, purchased 61,725 Herbalife shares in transactions that
closed on Friday, February 16, 2024. The shares were acquired at an
average price of $8.07 per share totaling nearly $500,000.
“This personal investment in the company reflects my absolute
confidence in Herbalife’s executive team, distributors, and the
strength of our business model,” said Johnson. "For 43 years,
Herbalife’s business has been undeniable. Now, bringing Stephan
Gratziani, a top distributor for 32 years, in as president to work
with our high impact leaders will get us even closer to the markets
and to execute on aggressive topline and margin expansion
initiatives - positioning us for sustainable future growth.”
The acquisition follows the company’s reporting of its fourth
quarter and full-year 2023 financial results on February 14, 2024,
in which the company announced it achieved year-over-year net sales
growth in the fourth quarter and four consecutive quarters of
improved year-over-year reported net sales trends.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company
and community that has been changing people’s lives with great
nutrition products and a business opportunity for its independent
distributors since 1980. The Company offers science-backed products
to consumers in more than ninety markets through entrepreneurial
Distributors who provide one-on-one coaching and a supportive
community that inspires their customers to embrace a healthier,
more active lifestyle in order to live their best life.
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version on businesswire.com: https://www.businesswire.com/news/home/20240220009177/en/
Thien Ho Vice President, Global Corporate Communications
thienh@herbalife.com
Herbalife (NYSE:HLF)
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