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DLA Buyback image

Delta Apparel, Inc. Buyback

OLI recorded this information on 9/18/2018

Company: Delta Apparel, Inc.
Buyback: DLA buyback
$Amount Authorized: $10,000,000
Buyback Details: Delta Apparel, Inc. (NYSE American: DLA), a leading provider of basic and branded apparel, headwear and related accessories, today announced that its Board of Directors has approved a new authorization under the Company's stock repurchase program for the repurchase of up to an additional $10 million of the Company's outstanding common stock, bringing the total amount authorized under the program to $60 million. Since the inception of its stock repurchase program, the Company has returned in excess of $47 million to shareholders through open market and private transaction share repurchases. Prior to the Board's action, approximately $3 million remained available for repurchases under the program. With the new authorization, approximately $13 million is now available for repurchases.

Delta Apparel is an international apparel company. Co. designs, manufactures, sources, and markets a portfolio of activewear and lifestyle apparel products under its primary brands of Salt Life®, Soffe®, and Delta. Co. focuses on selling casual and athletic products via a variety of distribution channels and tiers, including outdoor and sporting goods retailers, independent and other stores, department stores and mid-tier retailers, mass merchants, eRetailers, the U.S. military, and through its business-to-business digital platform. Co. has two segments; Delta Group, which is comprised of the activewear styles, DTG2Go and Delta Activewear; and Salt Life Group, which is a lifestyle brand.
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DLA — Key Stats (updated 15 hours, 27 minutes ago)
Company Name:  Delta Apparel Inc.
Stock buyback:  DLA buyback
Website:  www.deltaapparelinc.com
Sector:  Apparel Stores
Number of ETFs Holding DLA:  3
Total Market Value Held by ETFs:  $865582
Total Market Capitalization:  $18.00M
% of Market Cap. Held by ETFs:  4.81%
 

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April 26, 2024  •  2:14 AM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
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