PepsiCo Is Done Buying Back Its Stock

This week, PepsiCo (NASDAQ: PEP) announced mostly positive news in its fourth-quarter earnings report. The company gained market share in its snack and prepared food segments and suffered just a small volume drop in the beverage division.

CEO Ramon Laguarta and his team issued aggressive growth and earnings forecasts for 2021, too. But investors might not be as happy with Pepsi's updated capital return plans.

Let's take a closer look.

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Source Fool.com