Tranche Update on PriceSmart, Inc.'s Equity Buyback Plan announced on July 10, 2023.
October 30, 2023 at 04:05 pm EDT
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From July 10, 2023 to August 31, 2023, the company has repurchased 71,530 shares, representing 0.23% for $5.63 million. With this, the company has completed the repurchase of 71,530 shares, representing 0.23% for $5.63 million under the buyback announced on July 10, 2023.
PriceSmart, Inc. owns and operates United States (US)-style membership shopping warehouse clubs in Latin America and the Caribbean, selling merchandise and providing services to PriceSmart members. The Company operates approximately 52 warehouse clubs in 12 countries and one US territory. Its segments include the US, Central America, the Caribbean and Colombia. It offers merchandise and services in various categories, such as consumables, fresh foods, hardlines, food service and bakery, and health services. It also owns Member's Selection private label products. The Company's consumable products include groceries, cleaning supplies, and health and beauty aids. Its fresh food products include meat, produce, deli, seafood and poultry. The Company's hardline products include electronics, automotive, hardware, sporting goods, and seasonal products. Its softline products include clothing, domestics and home furnishing products. Its health services include optical, audiology and pharmacy.
PRICESMART, INC. 
