Lifetime Brands board authorizes $20M share repurchase, replacing $10M program

LIFETIME BRANDS, INC

Board authorized up to $20M in share repurchases (exclusive of fees), replacing previous $10M authorization.
Repurchases allowed via open market purchases, block trades, accelerated share repurchase, or 10b5-1 plans.
Program has no expiration date; board may amend or terminate at any time without notice.
CEO cites strong cash generation, fortified balance sheet, and confidence in growth trajectory.
As of March 11, 2022, outstanding shares were 22,351,108.

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