financetom
Business
financetom
/
Business
/
Lovesac's Board Approves Additional $40 Million Share Repurchases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lovesac's Board Approves Additional $40 Million Share Repurchases
Mar 26, 2026 5:03 AM

07:33 AM EDT, 03/26/2026 (MT Newswires) -- Lovesac ( LOVE ) said Thursday that its board has approved common share buybacks of an additional $40 million, raising the amount under its existing repurchase program to $54.1 million.

The company said that it expects to fund the share repurchase program with existing cash and future free cash flow.

Shares of the company were up 16% in premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CrowdStrike Holdings Unusual Options Activity
CrowdStrike Holdings Unusual Options Activity
Apr 30, 2024
Deep-pocketed investors have adopted a bearish approach towards CrowdStrike Holdings ( CRWD ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRWD usually suggests something big is about to happen. We gleaned this information...
Spain's Puig sets IPO price at 24.5 euros a share, top of range
Spain's Puig sets IPO price at 24.5 euros a share, top of range
Apr 30, 2024
MADRID, April 29 (Reuters) - Spanish beauty group Puig said on Tuesday it had set the final price for its initial public offering (IPO) at 24.50 euros a share, at the top of its announced range, implying a market capitalisation of 13.9 billion euros ($14.84 billion). ($1 = 0.9366 euros) ...
BRIEF-Abu Dhabi'S Emirates Telecommunications Group Eyes Acquisition Of €8 Billion Eastern European Carrier United Group - Bloomberg News
BRIEF-Abu Dhabi'S Emirates Telecommunications Group Eyes Acquisition Of €8 Billion Eastern European Carrier United Group - Bloomberg News
Apr 30, 2024
April 30 (Reuters) - * ABU DHABI'S EMIRATES TELECOMMUNICATIONS GROUP EYES ACQUISITION OF €8 BILLION EASTERN EUROPEAN CARRIER UNITED GROUP - BLOOMBERG NEWS Source text: [https://tinyurl.com/dj2fxvpw] Further company coverage: ...
Block Faces Medium-Term Growth Challenges for Cash App Service, Morgan Stanley Says
Block Faces Medium-Term Growth Challenges for Cash App Service, Morgan Stanley Says
Apr 30, 2024
12:42 PM EDT, 04/30/2024 (MT Newswires) -- Block (SQ) is facing growth challenges in the medium term, particularly for its Cash App service, Morgan Stanley said in a report Tuesday ahead of the company's Q1 results. The firm said investors have been generally upbeat heading into the print as they look for an upward revision to 2024 EBITDA guidance and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved