Financial News

Helen of Troy Limited Announces $500 Million Share Repurchase Authorization

Represents approximately 43% of the company’s outstanding common stock, based upon its closing price on Aug. 20, 2024.

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By: Lianna Albrizio

Associate Editor

Helen of Troy Limited has announced that its board of directors has authorized the repurchase of $500 million of its outstanding common shares in keeping with its stated intention to opportunistically return to shareholders capital not otherwise deployed for core business growth or strategic acquisitions. “This share repurchase authorization underscores the confidence our management team and our board have in our strategic initiatives, the strength of our brands, and the long-term growth oppo...

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