On February 16, 2024, the Board of Directors authorized the Company to repurchase up to $300 million of the Company's shares through December 26, 2026. The timing and volume of any share repurchases under this authorization will be determined by management at its discretion. Share repurchases, which are subject to market conditions, other business conditions and applicable legal requirements, may be made from time to time in the open market or in privately negotiated transactions, including under plans complying with the provisions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The share repurchase authorization does not obligate the Company to repurchase any specific number of shares and may be suspended, modified or terminated at any time.
On Feb 16, Garmin's Board Authorized $300M Stock Buyback Through Dec 2026
Company Profile
Wed. 21 Feb 2024, 7:10am ET
Benzinga
News, Buybacks