Cimpress NV Announces $150 Million Share Buyback Plan

Cimpress NV (CMPR) has released an update.

On December 14, 2023, Cimpress plc’s Board of Directors approved the buyback of up to $150 million of its ordinary shares without a set expiration date. The repurchases, which may occur on the open market, through private transactions, or via self-tender offers, will be dependent on the company’s evaluation of their potential impact on intrinsic value per share and may be compared to other opportunities, with the possibility of suspension or discontinuation at any time.

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For a comprehensive understanding of the announcement, you can read the full document here.