LightInTheBox Holding Co., Ltd. Buyback
OLI recorded this information on 6/29/2023
Company:
LightInTheBox Holding Co., Ltd.
Buyback:
LITB buyback
$Amount Authorized:
$10,000,000
Buyback Details:
LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that its board of directors (the "Board") authorized on June 27, 2023 a share repurchase program under which the Company may repurchase up to US$10 million of its ordinary shares in the form of American Depositary Shares no later than December 31, 2023 (the "Share Repurchase Program"), subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Company's insider trading policy.
LightInTheBox is a holding company. Through its subsidiaries, Co. is engaged as a cross-border e-commerce platform that delivers products directly to consumers. Co. provudes customers a convenient way to shop for a selection of products through through www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.com and its other websites as well as mobile applications. Co. targets products such as fast fashion and home garden products. Co.'s product offerings include: Apparel, which includes customized apparel and fast fashion; and Other general merchandise, which includes small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices and other products.
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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 |
