Lands' End board authorizes $100M share repurchase program through March 2029

LANDS' END, INC.

Board authorized $100M common stock repurchase from April 1, 2026 to March 31, 2029.
Prior program expired March 31, 2026, with 1.26M shares repurchased for $16M since April 2024.
CFO cites WHP Global IP joint venture proceeds used to repay term loan, strengthening balance sheet.
Purchases may be funded from cash, operations, JV distributions, or asset-based credit facility.
Repurchases may occur via open market, private transactions, or Rule 10b5-1 plans; program may be suspended.

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