Cherokee Inc. Buyback
OLI recorded this information on 10/7/2013
Company:
Cherokee Inc.
Buyback:
CHKE buyback
Share Amount Authorized:
1000000
Buyback Details:
Cherokee Inc. (NASDAQ:CHKE), a global marketer of style-focused lifestyle brands, today announced that its Board of Directors has approved a new stock repurchase program authorizing the Company to repurchase up to 1 million shares of its common stock.
Apex Global Brands is a marketer and manager of a portfolio of fashion and lifestyle brands it owns, licensing the Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout and others, which are licensed in multiple consumer product categories and sectors. Co. is a licensor of brands for apparel, footwear, home products and accessories. As of Feb 3 2018, Co. had 54 continuing license agreements in over 80 countries, 42 of which pertained to brands in Co.'s Cherokee Global Brands reportable segment and 12 of which pertained to Co.'s Hi-Tec portfolio of brands.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
