Lifevantage (LFVN) Appproves $5M Buyback

LifeVantage Corporation (Nasdaq: LFVN) announced today that its Board of Directors has approved up to $5 million in stock repurchases. The Company expects to fund the repurchase program through cash on hand and future cash flow from operations.

The repurchase program permits LifeVantage to purchase shares from time to time through a variety of methods, including in the open market, through privately negotiated transactions or other means as determined by the company's management, in accordance with applicable securities laws. As part of the repurchase program, the Company may enter into a pre-arranged stock repurchase plan which will operate in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934. Accordingly, transactions, if any, under the pre-arranged repurchase plan would be completed in accordance with the terms of the stock repurchase plan, including specified price, volume and timing conditions. The authorization may be suspended or discontinued at any time and expires on November 27, 2020.

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