Tranche Update on Lakeland Industries, Inc.'s Equity Buyback Plan announced on April 15, 2021.
September 08, 2022 at 04:34 pm EDT
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From May 1, 2022 to June 30, 2022, the company has repurchased 24,591 shares, representing 0.32% for $0.39 million. With this, the company has completed the repurchase of 480,071 shares, representing 6.09% for $10 million under the buyback announced on April 15, 2021.
Lakeland Industries, Inc. design and manufactures and sells a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. The Companyâs product categories include limited use/disposable protective clothing, high-end chemical protective suits, firefighting and heat protective apparel, durable woven garments, high visibility clothing, and glove and sleeves. Its products are sold by its in-house customer service group, its customer service group, and independent sales representatives to a network of over 1,600 North American safety and mill supply distributors. It also designs and manufactures helmets for the structural firefighting, wildland firefighting, and rescue markets. Its authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, heavy and light industry, cleanroom, janitorial, pharmaceutical, and technology electronics manufacturers.
LAKELAND INDUSTRIES, INC. 
