National Vision (EYE) Increases Share Buyback Plan to $100M from $50M
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National Vision Holdings, Inc. Increases Share Repurchase Authorization to $100 Million
November 29, 2021 4:05 PM ESTDULUTH, Ga.--(BUSINESS WIRE)-- National Vision Holdings, Inc. (NASDAQ: EYE) (National Vision or the Company) today announced that its Board of Directors has authorized an increase by $50 million to $100 million in the Companys share repurchase program. Since the original $50 million program was authorized on November 8, 2021, approximately 1.0 million shares have been repurchased for a total consideration of $48.4 million.
Reade Fahs, chief executive officer, stated, The share repurchase authorization was initially established with the principal intent of offsetting share dilution related to equity grants. Although that objective remains, we also believe that the current... More
