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Urban Outfitters, Inc. Buyback

OLI recorded this information on 8/24/2017

Company: Urban Outfitters, Inc.
Buyback: URBN buyback
Share Amount Authorized: 20,985,354
Buyback Details: Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands and the Food and Beverage division, today announced that, effective August 22, 2017, it had expanded the size of its Board from 9 to 10 and elected Sukhinder Singh Cassidy as a Director. The addition of Ms. Cassidy further expands the digital expertise that resides on the Board. She will serve on the Nominating and Governance Committee. The Board of Directors also authorized the repurchase of an additional 20 million common shares. Pursuant to this program, the Company, at its discretion, may repurchase its common shares from time to time, subject to market conditions and at prevailing market prices. The company has 985,354 shares remaining under the February 2015 share repurchase authorization.

Urban Outfitters is a lifestyle products and services company. Co. operates under three reportable segments: Retail, which includes its store and digital channels and consists of its Anthropologie, Free People, FP Movement, Terrain, Urban Outfitters and Menus and Venues brands; Wholesale, which consists of the Free People, FP Movement and Urban Outfitters brands; and Nuuly, which consists of the Nuuly brand including Nuuly Rent, a monthly women's apparel subscription rental service, and Nuuly Thrift, a peer-to-peer resale marketplace where customers can buy and sell any brand of women's, men's and kids' apparel, shoes and accessories.

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Company Name:  Urban Outfitters, Inc.
Stock buyback:  URBN buyback
Website:  www.urbn.com
Sector:  Apparel Stores
Number of ETFs Holding URBN:  52
Total Market Value Held by ETFs:  $625.80M
Total Market Capitalization:  $3.94B
% of Market Cap. Held by ETFs:  15.86%
 

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March 29, 2024    8:30 AM Eastern
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Buy (2.55 out of 4)
6th percentile
(ranked lower than approx. 94% of all stocks covered)

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