other material
confidence high
sentiment positive
materiality 0.75
e.l.f. Beauty announces $500M share repurchase program, amends credit agreement
e.l.f. Beauty, Inc.
- Board authorized up to $500M share repurchase program; previous $25M program exhausted.
- Repurchases may use open market, block trades, 10b5-1 plans; no expiration date.
- Credit agreement amended to increase capacity for restricted payments subject to net leverage test.
- Stockholders elected Class II directors, approved officer exculpation, and ratified Deloitte as auditor.