Chico's FAS, Inc. Buyback
OLI recorded this information on 6/23/2023
Company:
Chico's FAS, Inc.
Buyback:
CHS buyback
$Amount Authorized:
$100,000,000
Buyback Details:
As part of an ongoing commitment to return value to its shareholders, Chico's FAS, Inc. (NYSE: CHS) ("Chico's FAS" or "Company") announced that its Board of Directors ("Board") authorized a new share repurchase program ("Program") for up to $100 million of the Company's common stock and canceled the remainder of its $300 million share repurchase program, which was announced in November 2015. The Company completed all but $35.4 million of its previous share repurchase authorization.
Chico's FAS is a fashion company, with three brands operating under the Chico's®, White House Black Market® (WHBM) and Soma® brand names. Co.'s Chico's brand sells clothing focusing on women. Chico's apparel, including the Black Label™, Zenergy® and Travelers™ collections, focuses on chic style, comfort and relaxed fit. The WHBM brand sells designed, private branded clothing focusing on women. WHBM provides modern collection, including everyday basics and denim, polished casual apparel, tailored relaxed workwear, black and white pieces, and feminine all-occasion dresses. The Soma brand sells designed, private branded lingerie, sleepwear and loungewear products focusing on women.
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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 |
