ODDITY Tech Ltd. Class A (ODD) has released an update.
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ODDITY Tech Ltd. has announced a $100 million share repurchase agreement with L Catterton, buying back 2.35 million shares at $42.501 each. This move is expected to strengthen ODDITY’s financial position and is independent of their existing $150 million share buyback plan. With no financial debt and strong cash reserves, ODDITY continues to focus on strategic reinvestments and enhancing shareholder value.
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