Five Below (FIVE) Declassifies Board, Announces $100M Stock Buyback
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Five Below, Inc. Expands and Declassifies its Board of Directors, Announces Share Repurchase Program
June 14, 2022 4:01 PM EDTPHILADELPHIA, PA, June 14, 2022 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced results from its Annual Meeting of Shareholders.
FIVEs board has been expanded to 11 directors with the addition of Bernard Kim, who has been elected as a new independent director, effective immediately. Mr. Kim is the Chief Executive Officer of Match Group, Inc. and brings to the board senior leadership experience with growing technology companies including Zynga and Electronic Arts.
Additionally, FIVE announced that it has amended its Amended and Restated Articles of Incorporation and Amended and... More
