UPDATE: The Beauty Health Company (SKIN) Jumps On $200m Share Repurchase Program
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BeautyHealth Announces $200 Million Share Repurchase Authorization
September 27, 2022 8:00 AM EDTEnters into $100 million accelerated share repurchase agreement
LONG BEACH, Calif.--(BUSINESS WIRE)-- The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced its Board of Directors has authorized a share repurchase program of up to $200 million of the Companys outstanding common stock. In connection with the share repurchase authorization, the Company entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, N.A., to repurchase $100 million of the Companys common stock. Upon completion of the ASR, the Company will have authorization to... More
