GES - Why Clothing Company Guess? Shares Are Surging Today | Benzinga
Guess? Inc (NYSE:GES) shares are trading higher in the premarket session on Monday.
The company’s Board of Directors has authorized a new share repurchase program of up to $200 million of the common stock.
As of February 3, 2024, the company had no remaining authority to purchase its common stock under the 2021 Share Repurchase Program.
As part of this new program and through a convertible bond exchange transaction, Guess? has agreed to repurchase 326,429 ...