Lululemon resumes stock buyback program
Lululemon Athletica Inc. (LULU) said it will resume its stock buyback program that had been halted because of COVID-19, according to a Securities and Exchange Commission filing late Tuesday. The company said it has $263.6 million in shares left on a repurchase program that expires on Jan. 31. Lululemon shares rose 2.3% after hours, following a 6.1% gain in the regular session to close at $313.60. The stock is up 35% for the year, compared with a 2.6% gain in the S&P 500 index .
-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
September 22, 2020 16:53 ET (20:53 GMT)
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