Stitch Fix (SFIX) announced that it has resumed repurchases under its existing share repurchase program. The share repurchase program was previously authorized by the company’s board of directors in January 2022, and enables the company to repurchase up to $150M of its Class A common stock from time to time through open market repurchases, privately negotiated transactions, or other means, including pursuant to Rule 10b5-1 trading plans.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFIX:
- Stitch Fix Announces Upcoming Product and Technology Leadership Change
- Stitch Fix Earnings Call Highlights Turnaround Momentum
- Stitch Fix price target lowered to $5 from $6 at Telsey Advisory
- Stitch Fix narrows FY26 revenue to $1.33B-$1.35B from $1.32B-$1.35B
- Stitch Fix reports Q2 EPS (2c), two estimates (4c)
