OREANDA-NEWS. February 10, 2010. We are upbeat on comments uttered by the chairman of Wimm-Bill-Dann BoD. In our opinion, the company’s share buyback efforts and the potential renewal of dividend payouts could lend substantial support to WBD stock.

The chairman of the board of directors of Wimm-Bill-Dann Foods, David Yakobashvili, said on the sidelines of the Russian-Japanese Agricultural Congress that his company could pay out dividends for 2009. The last time WBD paid dividends was in 2006, and even then the dividend yield was hardly high: at about 1.5%.

In addition, Yakobashvili said Wimm-Bill-Dann could continue with its share buyback program, and even extend the volume of the buyback from the previous 5% to 5.25%.

We are upbeat on the potential extension of the buyback program and payment of 2009 dividends. We believe these two factors could help raise the company’s stock valuations.