United States

Jamba Inc (JMBA.A)

JMBA.A on American Stock Exchange

24 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Jamba Inc increases share repurchase program
Tuesday, 12 May 2015 08:30am EDT 

Jamba Inc:Increased its share repurchase authorization from $25 mln to $40 mln.The company has repurchased about $21.8 mln of the original $25 mln authorized in November of 2014.The increased authorization leaves about $18.2 million of unspent authorization.The authorization expires May 4, 2016 and share repurchases may be made from time to time in the open market or in negotiated transactions depending on share price, market conditions and other factors.  Full Article

Jamba Inc reaffirms FY 2015 comparable store sales guidance
Thursday, 7 May 2015 04:17pm EDT 

Jamba Inc:Affirms FY 2015 Guidance.Continues to expect to achieve increase company-owned comparable store sales to 3.0 pct to 5.0 pct for FY 2015.  Full Article

Jamba Inc reaches agreement to refranchise 100 company-owned locations in California
Wednesday, 1 Apr 2015 06:00pm EDT 

Jamba Inc:Enters into an asset purchase agreement with Vitaligent, LLC to refranchise 100 Company-owned restaurants in the San Francisco, Sacramento and San Diego markets.Under the terms of the agreement, Jamba will receive a purchase price of $36.0 mln in cash.  Full Article

Jamba Inc gives FY 2015 comparable store sales guidance
Thursday, 12 Mar 2015 04:13pm EDT 

Jamba Inc:Expects FY 2015 comparable store sales(1) of 3 pct - 5 pct.  Full Article

Jamba Inc. adopts Rule 10b5-1 plan in conjunction with share repurchase program
Monday, 8 Dec 2014 08:30am EST 

Jamba Inc:Adopts a Rule 10b5-1 share repurchase plan under the Securities Exchange Act of 1934 in connection with its $25 mln share repurchase authorization approved by company's board of directors and previously announced on Nov. 04.Plan allows company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods.Broker selected by Jamba will have the authority under the terms and limitations specified in the Plan to repurchase shares on the Company's behalf in accordance with the terms of the Plan, including specified price conditions.Because repurchases under the Plan are subject to certain pricing parameters, there is no guarantee as to the exact number of shares that will be repurchased under the Plan, or that there will be any repurchases pursuant to the Plan.  Full Article

Jamba Inc gives FY 2015 comparable store sales outlook
Tuesday, 4 Nov 2014 04:01pm EST 

Jamba Inc:Expects FY 2015 comparable store sales of 3 pct-5 pct.  Full Article

Jamba Inc announces $25 mln share repurchase program
Tuesday, 4 Nov 2014 04:00pm EST 

Jamba Inc:Approved the terms of a share repurchase plan.Pursuant to the program, the Company is authorized to repurchase up to $25 million of its common stock beginning Nov. 10 and ending June 10, 2016, subject to the company's pre-existing blackout periods.  Full Article

Jamba Juice announces new distribution agreement with Gordon Food Service
Monday, 3 Nov 2014 09:51am EST 

Jamba, Inc:Says Jamba Juice Company enters into a new distribution agreement with Gordon Food Service (GFS).Says relationship is intended to substantially improve customer service, productivity and cost savings while also supporting franchise development strategy and expansion in the eastern U.S.  Full Article

Jamba Juice accelerates movement to asset-light model while strengthening organizational capabilities and processes
Monday, 25 Aug 2014 04:01pm EDT 

Jamba Inc:Enters into an agreement with Capgemini.Says agreement provides enhanced administrative tools, technology services, and capabilities for Jamba, and is anticipated to create workflow efficiencies while reducing costs as Jamba pursues a 10-20 pct reduction of overall G&A in 2015.  Full Article

BRIEF-Jamba Juice names Rachel Phillips-Luther chief marketing officer

* Jamba juice appoints Rachel Phillips-Luther as chief marketing officer Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)