The Online Investor
SFLY Buyback image

Shutterfly, Inc. Buyback

OLI recorded this information on 4/18/2017

Company: Shutterfly, Inc.
Buyback: SFLY buyback
$Amount Authorized: $202,800,000
Buyback Details: Shutterfly, Inc. (NASDAQ:SFLY) today announced that its Board of Directors approved an increase of $140.0 million to its ongoing share repurchase program, bringing the total authorized amount available for repurchase to $202.8 million. From January 2014 to March 31, 2017, Shutterfly has repurchased 9.8 million shares for a total of $437.2 million, including 430 thousand shares for $20.0 million in the first quarter of 2017. With this increase in authorization, Shutterfly now has additional flexibility to increase share repurchases and continue Shutterfly's long term capital allocation strategy to maximize shareholder value while maintaining the ability to make strategic investments.

Shutterfly is a retailer and manufacturing platform for personalized products and communications. Co.'s reportable segments are Shutterfly Consumer, Lifetouch, and Shutterfly Business Solutions (SBS). Shutterfly Consumer and Lifetouch help consumers capture, preserve, and share life's important moments through professional and personal photography, and personalized products. The Shutterfly brand brings photos to life in photo books, gifts, home decor, and cards and stationery. Lifetouch is a school photography, serves families through portrait studios and other partnerships. SBS delivers digital printing services that enable customer engagement through personalized communications.
Open the SFLY Page at The Online Investor »

Company Name: 
Shutterfly Inc
Stock buyback: 
SFLY buyback
Website: 
www.shutterflyinc.com
Sector: 
Business Services & Equipment
 

Open the SFLY Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree SFLY Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

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

SFLY Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.