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RVLV - Revolve to buyback $100M stock
August, 02 2023 04:12 PM
Revolve Group Inc. Class A
2023-08-02 16:12:37 ET
Revolve Group ( NYSE: RVLV ) has launched a $100 million stock buyback program, the company said Wednesday.
Repurchases under the program will be funded from the company's existing cash and cash equivalents or future cash flow.
As of June 30, 2023, the company had $269 million in cash and cash equivalents and no debt.
Press Release .
Shares +5% at $19.30 after hours.
For further details see:
Revolve to buyback $100M stock
Stock Information
Company Name:
Revolve Group Inc. Class A
Stock Symbol:
RVLV
Market:
NYSE
Website:
revolve.com
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