Tranche Update on LightInTheBox Holding Co., Ltd.'s Equity Buyback Plan announced on June 29, 2023.
September 15, 2023 at 03:39 pm IST
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From June 27, 2023 to June 30, 2023, the company has repurchased 21,590 shares, representing 0.02% for $0.03 million. With this, the company has completed the repurchase of 21,590 shares, representing 0.02% for $0.03 million under the buyback announced on June 29, 2023.
LightInTheBox Holding Co., Ltd. is an apparel e-commerce retailer that ships products to consumers worldwide. The Company is focused on serving middle-aged and senior customers. The Company operates through two segments: Product sales and Services. Its Product sales segment consists of online retailing of consumer products. Its Services segment consists of provision of logistic services to other e-commerce retailers. The Company offers customers products through its websites and mobile applications. Its product offerings include apparel, such as fast fashion and customized, special occasion apparel, and other general merchandise, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices and other products. The Company operates its business through www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.sg and other websites, as well as mobile applications that are available in more than 20 languages and 140 countries and regions.