November 23, 2009 (FinancialWire) — Dr Pepper Snapple Group’s (NYSE: DPS) board has authorized the repurchase of up to $200 million of the company’s outstanding common stock over the next three years.

Texas-based Dr Pepper Snapple is a producer of flavored beverages in North America and the Caribbean.

In addition to its flagship Dr Pepper and Snapple brands, the firm’s portfolio includes Sunkist soda, 7UP, A&W, Canada Dry, Crush, Mott’s, Squirt, Hawaiian Punch, Penafiel, Clamato, Schweppes, Venom Energy, Rose’s and Mr & Mrs T mixers.

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