Lifetime Brands Adopts $20M Stock Buyback Program

  • Lifetime Brands Inc LCUT Board of Directors authorized a share repurchase program of up to $20 million of common stock.
  • The program replaces the previously authorized $10 million share repurchase program.
  • The repurchase authorization does not have an expiration date and may be amended or terminated at any time.
  • Lifetime Brands held $27.9 million in cash and equivalents as of December 31, 2021.
  • Price Action: LCUT shares are trading higher by 5.11% at $13.77 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsBuybacksSmall CapGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!