Sportsman's Warehouse rises on $75 million buyback plan

Sportsman's Warehouse Holdings

24/03/2022 15:01

** Shares in outdoor goods chain  SPWH.O  rise 3.3% to
$11.63 after board authorizes a $75 million share repurchase
program
    ** SPWH says the plans commences on March 31 and terminates
on the first anniversary of the commencement date  urn:newsml:reuters.com:*:nGNX1xqpF5
    ** Shares hit their highest level since mid-December earlier
in the session
    ** SPWH had a market capitalization of $494 million, as of
Wednesday's close
    ** Shares shed a third of their market value last year


 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com;))