Lifetime Brands Adopts $20M Stock Buyback Program

by Shivani Kumaresan, Benzinga Staff Writer

March 14, 2022 1:04 PM | 1 min read |

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.