Tranche Update on Carter's, Inc.'s Equity Buyback Plan announced on February 24, 2020.
October 27, 2023 at 09:01 pm IST
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From July 2, 2023 to August 26, 2023, the company has repurchased 178,645 shares, representing 0.48% for $11.47 million. With this, the company has completed the repurchase of 5,973,359 shares, representing 14.82% for $500 million under the buyback announced on February 24, 2020.
Carter's, Inc. is a marketer of young childrenâs apparel in North America. Its segments include U.S. Retail, U.S. Wholesale, and International. The U.S. Retail segment includes sales of products in the United States through its retail stores and eCommerce websites. The U.S. Wholesale segment consists of sales in the United States of products to its wholesale partners. The International segment includes sales of products outside the United States, through its retail stores and eCommerce websites in Canada and Mexico, and sales to its international wholesale customers and licensees. It owns Carterâs and OshKosh Bâgosh brands. These brands are sold in department stores, national chains, and specialty retailers domestically and internationally. They are also sold through nearly 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. It also owns Little Planet and Skip Hop brands.