Tranche Update on Kirkland's, Inc.'s Equity Buyback Plan announced on September 2, 2021.
May 01, 2022 at 01:32 am IST
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From January 30, 2022 to February 26, 2022, the company has repurchased 165,069 shares, representing 1.31% for $2.57 million. With this, the company has completed the repurchase of 1,029,072 shares, representing 7.82% for $20 million under the buyback announced on September 2, 2021.
Kirklandâs, Inc. is a specialty retailer of home decor and furnishings in the United States. The Company operates about 330 stores in 35 states as well as an e-commerce Website, www.kirklands.com, under the Kirklandâs Home brand. The Companyâs merchandise categories include holiday decor, furniture, textiles, decorative accessories, art, home fragrance, ornamental wall decor, mirrors, housewares, lighting, floral, outdoor and gift. All the Companyâs stores operate under the names Kirklandâs, Kirklandâs Home, Kirklandâs Home Outlet, Kirklandâs Outlet, and The Kirkland Collection. The Companyâs storeâs locations include Texas, Florida, Georgia, North Carolina, Tennessee, California, Alabama, Illinois, Indiana, Pennsylvania, Louisiana, Ohio, Michigan, Missouri, South Carolina, Virginia, Kentucky, Arizona, Oklahoma, Mississippi, New Jersey, Arkansas, Wisconsin, North Dakota, West Virginia, Delaware, Minnesota, Nevada, Nebraska, Maryland, and Colorado among others.