11:15 AM EST, 11/13/2024 (MT Newswires) -- YETI Holdings ( YETI ) said it signed an accelerated repurchase agreement covering $100 million of its common shares.

The company will use existing cash on hand to fund the repurchases under the agreement with Goldman Sachs, according to a filing with the US Securities and Exchange Commission Wednesday.

The final settlement under the agreement is scheduled for Q1 2025, YETI said.

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