other material
confidence high
sentiment positive
materiality 0.60
National Vision increases share repurchase authorization to $100M, up from $50M
National Vision Holdings, Inc.
- Board authorized $50M increase in share repurchase program, total now $100M.
- Since original $50M program on Nov 8, 2021, ~1.0M shares repurchased for $48.4M.
- Program extended through Dec 30, 2023; open market or private transactions.
- CEO cites confidence in business model and attractive current share price as rationale.
- Company expects to fund repurchases with cash on hand.