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The Cato Corporation Buyback

OLI recorded this information on 11/21/2018

Company: The Cato Corporation
Buyback: CATO buyback
Share Amount Authorized: 2,000,000
Buyback Details: The Cato Corporation (NYSE: CATO) announced that its Board of Directors has authorized an increase in the Company's share repurchase program of 2 million shares. Prior to this authorization, the Company had approximately 19,000 shares remaining in open authorizations. Purchases under the share repurchase program will be made from time to time on the open market or in privately negotiated transactions and will be subject to market conditions and applicable SEC rules. The board's last authorization was in 2016.

Cato operates fashion stores under the names Cato, Cato Fashions, CatoPlus, It's Fashion, It's Fashion Metroand Versona. The Cato concept provides fashion apparel and accessories in junior/missy and plus sizes. The Cato concept's stores and e-commerce website feature an assortment of apparel and accessories, including dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry and handbags. The It's Fashion and It's Fashion Metro concepts provide fashion with a focus on styles for the family. The Versona concept's stores and e-commerce website provide fashion apparel items, jewelry and accessories. Co. also provides its own credit card and layaway plan.
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Company Name: 
Cato Corp.
Stock buyback: 
CATO buyback
Apparel Stores
Number of ETFs Holding CATO: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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