Market Overview

LightInTheBox Announces $20M Share Buyback Program

LightInTheBox Holding (NYSE: LITB) today announced that its Board
of Directors has authorized a share repurchase program to repurchase up
to $20 million worth of its outstanding American Depositary Shares
representing its ordinary shares through December 15, 2014. Share
repurchases may be made by the Company from time to time in open market
transactions at prevailing market prices or in privately negotiated
transactions and are subject to relevant rules under the Securities Act
of 1934, as amended (the “Act”). The Company will also effect repurchase
transactions in compliance with Rule 10b5-1 under the Act and the
Company's insider trading policy. The share repurchase

See full press release

Posted-In: News Buybacks Global

 

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