PVH enters $500M accelerated share repurchase, receives 4.58M shares initially

PVH CORP. /DE/

Signed ASR agreements with Barclays and Goldman Sachs for $500M aggregate repurchase.
Received initial delivery of 4,579,354 shares; final settlement expected in Q3 FY2025.
Repurchased shares will be held in treasury; buyback under existing $5B authorization.
Final number and price based on VWAP discount over the term of the agreements.

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