Tranche Update on Burlington Stores, Inc.'s Equity Buyback Plan announced on August 24, 2017.
November 26, 2024 at 04:19 pm EST
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From August 4, 2024 to November 2, 2024, the company has repurchased 213,372 shares, representing 0.34% for $55.86 million. With this, the company has completed the repurchase of 9,014,584 shares, representing 13.72% for $1,617.01 million under the buyback announced on August 24, 2017.
Burlington Stores, Inc. is an off-price retailer of branded apparel, footwear, accessories, and merchandise for the home at everyday low prices. The Companyâs stores offer an extensive selection of in-season, fashion-focused merchandise, including womenâs ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats. It has five distribution centers. Its two east coast distribution centers are located in Edgewater Park, New Jersey and Burlington, New Jersey. Its three west coast distribution centers are located in San Bernardino, California, Redlands, California, and Riverside, California. These five distribution centers occupy an aggregate of about 4,106,000 square feet, and each includes processing, shipping, and storage capabilities. In addition to the distribution centers, it has arrangements with third parties for the use of pool point facilities. It operates about 1007 stores, principally under the name Burlington Stores.
BURLINGTON STORES, INC. 
