Helen of Troy (HELE) Announces $500M Share Buyback

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Helen of Troy Limited Announces New $500 Million Share Repurchase Authorization

September 5, 2024 4:05 PM EDT

EL PASO, Texas--(BUSINESS WIRE)-- Helen of Troy Limited (NASDAQ: HELE), designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products, today announced that its Board of Directors has authorized the repurchase of $500 million of its outstanding common shares (common stock or shares) in keeping with its stated intention to opportunistically return to shareholders capital not otherwise deployed for core business growth or strategic acquisitions. The authorization was approved as part of the Boards regular process of reviewing the Companys capital allocation and existing authorization. It is effective... More