Guess announced that its board of directors has authorized a new share repurchase program of up to $200M of the company’s common stock. Guess also separately announced today that, as part of this new program and through a convertible bond exchange transaction, it has agreed to repurchase 326,429 shares of the company’s common stock for $10.3M.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>