other material
confidence high
sentiment positive
materiality 0.50
YETI enters $100M accelerated share repurchase agreement with Goldman Sachs
YETI Holdings, Inc.
- Initial delivery of ~1.9 million shares expected on Nov 14, 2024 after $100M cash payment.
- Final repurchase number based on VWAP during term, less discount; settlement due Q1 2025.
- Funded with existing cash on hand; may require additional shares or cash at settlement.