Tranche Update on DICK'S Sporting Goods, Inc.'s Equity Buyback Plan announced on June 13, 2019.
November 23, 2021 at 05:19 pm EST
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From August 1, 2021 to October 30, 2021, the company has repurchased 2,173,460 shares, representing 2.58% for $273.51 million. With this, the company has completed the repurchase of 3,587,382 shares, representing 4.25% for $395.03 million under the buyback announced on June 13, 2019.
DICK'S Sporting Goods, Inc. is a full-line omni-channel sporting goods retailer. The Company serves athletes and outdoor enthusiasts in more than 850 DICKâS Sporting Goods, Golf Galaxy, Public Lands, Moosejaw, Going Going Gone! and Warehouse Sale stores, online, and through the DICKâS mobile app. The Company also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming. It carries a wide variety of national brands, including but not limited to adidas, Asics, Brooks, Callaway Golf, Carhartt, Columbia, Easton, Hoka, Jordan, New Balance and Nike. The Company's vertical brands include brands that it owns across hardlines and softlines and are available exclusively in its stores and online such as Alpine Design, CALIA, DSG, ETHOS, Fitness Gear, MAXFLI, Nishiki, Quest, Top-Flite, and Walter Hagen, as well as brands that it licenses from third parties.