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.

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