Stitch Fix (SFIX) Announces Share Repurchase Authorization of $150 Million
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Stitch Fix Announces Share Repurchase Authorization of $150 Million
January 6, 2022 8:00 AM ESTSAN FRANCISCO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that its Board of Directors has authorized a share repurchase program where Stitch Fix may purchase up to $150 million of its Class A common stock.
This share repurchase program reflects the confidence we have in our strategy, unique value proposition and the growth potential ahead for Stitch Fix, which we believe is not reflected in the current market valuation, said Elizabeth Spaulding, CEO of Stitch Fix. As a company, we are... More
