other material
confidence high
sentiment positive
materiality 0.70
Cimpress board authorizes new $200M share repurchase program, completes $150M prior program
CIMPRESS plc
- New authorization of up to $200M for open market or private repurchases, no expiration date.
- Prior $150M program completed; total 1,640,982 shares repurchased at avg $91.41 per share.
- Recent activity under prior program: 352,956 shares for $30.0M at avg $85.00 per share.
- Repurchases subject to net leverage policy and May 1, 2024 earnings capital allocation commentary.