Tranche Update on Lands' End, Inc. (NasdaqCM:LE)'s Equity Buyback Plan announced on June 28, 2022.
March 15, 2024 at 08:06 am EDT
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From October 28, 2023 to February 2, 2024, the company has repurchased 325,119 shares, representing 1.02% for $2.09 million. With this, the company has completed the repurchase of 2,300,000 shares, representing 7.06% for $20.3 million under the buyback announced on June 28, 2022.
Lands' End, Inc. is a digital retailer of solution-based apparel, swimwear, outerwear, accessories, footwear, home products and uniforms. The Company's segments include U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail. It has five distribution channels, which include U.S. eCommerce, International, Outfitters, Third Party and Retail. Its U.S. eCommerce offers products through its e-commerce Website. Its International offers products primarily to consumers located in Europe and Japan through e-commerce international Websites and third-party affiliates. Its Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the United States. Its Third Party sells the same products as U.S. eCommerce direct to consumers through third-party marketplace Websites and through domestic wholesale customers. Its Retail sells products through Company-operated stores.
LANDS' END, INC. 
