Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move

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A case of Constellation Brands Inc. Corona beer sits on a shelf in a cooler during a delivery in Ottawa, Illinois, U.S., on Tuesday, April 2, 2019.
Daniel Acker| Bloomberg | Getty Images

Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker.

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