LightInTheBox Holding (LITB) Announces Up to $3M Share Buyback

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LightInTheBox Announces Share Repurchase Program

December 24, 2019 12:54 AM EST

BEIJING, Dec. 24, 2019 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce company that delivers products directly from manufacturers to its customers around the world, today announced that its board of directors (the "Board") authorized on December 12, 2019 a share repurchase program under which the Company may repurchase up to US$3 million of its ordinary shares in the form of American Depositary Shares no later than June 28, 2020 (the "Share Repurchase Program"), subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and... More