YETI authorizes up to $100M share repurchase program through Feb 2023

YETI Holdings, Inc.

Board authorized repurchase of up to $100M (excl. fees) of common stock, effective immediately.
Repurchases may be made via open market, privately negotiated, or accelerated transactions.
CEO cites shares as undervalued given recent market dynamics; company has $312.2M cash.
Program expires February 27, 2023; no obligation to repurchase any shares.
Company had 87,727,202 shares outstanding as of Jan 1, 2022.

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