Lakeland Industries, Inc. Buyback
OLI recorded this information on 4/13/2022
Company: |
Lakeland Industries, Inc. |
Buyback: |
LAKE buyback |
$Amount Authorized: |
$5,000,000 |
Buyback Details: |
Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, announced today that its Board of Directors has authorized a new stock repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock. This new program will become effective upon exhaustion of the current program which has approximately $800,000 remaining for repurchases. The new share repurchase program has no expiration date but may be terminated by the Board at any time. |
Lakeland Industries manufactures and sells a line of protective clothing and accessories for the industrial and public protective clothing market. Co.'s products include: Firefighting and Heat Protective Apparel, which manufactures a line of structural firefighter protective apparel (turnout gear) for domestic and foreign fire departments; Chemical Protective Suits, which manufactures and sells heavy duty chemical protective suits and protective apparel from its proprietary CRFR, ChemMax® 3, 4, Interceptor and other fabrics; and Limited Use/Disposable Protective Clothing, which manufactures a line of limited use/disposable protective garments, including coveralls, pants, caps and smocks.
Open the LAKE Page at The Online Investor »
Company Name: |
Lakeland Industries, Inc. |
Stock buyback: |
LAKE buyback |
Website: |
www.lakeland.com |
Sector: |
Textiles & Apparel |
Number of ETFs Holding LAKE: |
5 |
Total Market Value Held by ETFs: |
$6.96M |
Total Market Capitalization: |
$125.00M |
% of Market Cap. Held by ETFs: |
5.56% |
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Open the LAKE Page at The Online Investor (in a new window) »
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April 28, 2024 4:24 PM Eastern
Strong Buy (4.00 out of 4)
87th percentile
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