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Jarden Exec on Stock Buyback

Tuesday, 27 Mar 2012 | 10:14 AM ET
Jarden Exec on Stock Buyback
Martin Franklin, Jarden executive chairman, discusses his company's $500 million stock repurchase auction, with Mad Money's Jim Cramer.

Jarden, a consumer goods company that makes everything from camping and outdoors equipment to sporting goods and household staples, recently announced a $500 million stock repurchase plan.

To discuss details, executive chairman and former CEO Martin Franklin stopped by the "Mad Money" studios on Monday. Host Jim Cramer asked the executive about what the company's plan will entail and whether it will actually benefit shareholders.

Watch the video to see the full interview.





Editor's Note: This story has been updated to reflect that Martin Franklin's current title is executive chairman.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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