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HELE's New $500 Million Buyback Program: A Signal to Hold or Fold?
HELEHelen of Troy(HELE) ZACKS·2024-09-06 16:46

Helen of Troy Limited (HELE) , a major player in the consumer home, outdoor, beauty, and wellness markets, unveiled a 500−millionsharerepurchaseprogram.Thissignalsthecompany′scommitmenttoenhancingshareholders′value.Thisstrategicinitiativeunderscoresthecompany′sconfidenceinitslong−termgrowthpotentialandfinancialstability.EffectiveAug.20,2024,thecompanyapproveda500-million share repurchase program. This signals the company's commitment to enhancing shareholders' value. This strategic initiative underscores the company's confidence in its long-term growth potential and financial stability. Effective Aug. 20, 2024, the company approved a 500-million share repurchase plan. This new authorization replaces the prior program, which has about $245.3 mil ...