XSPA - XpresSpa Group boosts stock repurchase program by 10M shares

XpresSpa Group (NASDAQ:XSPA) has boosted its existing stock repurchase program by 10M shares and extended it through September 15, 2023. The original stock repurchase program was announced in August 2021 and was for 15M shares. Approximately 3.2M shares remained under that original authorization as of the date of such increase, bringing the current authorization to ~13.2M shares. Since the launch of the program, the company has repurchased ~11.8M shares through March 31, 2022 for total consideration of ~$18.9M. Shares are up 12.27% pre-market

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XpresSpa Group boosts stock repurchase program by 10M shares