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Overstock.com, Inc. Buyback

OLI recorded this information on 8/17/2021

Company: Overstock.com, Inc.
Buyback: OSTK buyback
$Amount Authorized: $100,000,000
Buyback Details: Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer, today announced that its Board of Directors has approved a stock repurchase program of up to $100 million of its outstanding common stock. This repurchase program is designed to return value to Overstock stockholders and to help offset the dilutive impact of recent stock issuances and future employee restricted stock vesting. Overstock expects to fund repurchases through existing cash balances and cash generated from operations which have been strengthened by the company's strong operational results.

Overstock.com provides products, including furniture, decor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, among others, through its online business. Co. sells its products and services through its Internet websites located at www.overstock.com, www.o.co, www.overstock.ca, and www.overstockgovernment.com (referred to collectively as the Website) and through its mobile app. Co. provides additional products or services that may complement its retail offerings, including: businesses advertising products or services on its Website; and Market Partner, a service it provides to its partners where they can sell their products through third party sites.
Open the OSTK Page at The Online Investor »

Company Name:  Beyond Inc
Stock buyback:  OSTK buyback
Website:  www.overstock.com
Sector:  Specialty Retail
 

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March 29, 2024    10:28 AM Eastern
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Hold (2.40 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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