Tranche Update on Turning Point Brands, Inc.'s Equity Buyback Plan announced on February 25, 2020.
July 27, 2021 at 10:40 am EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 175,000 shares, representing 0.92% for $8.33 million. With this, the company has completed the repurchase of 692,701 shares, representing 3.58% for $24.24 million under the buyback announced on February 25, 2020.
Turning Point Brands, Inc. is a manufacturer, marketer and distributor of branded consumer products. It sells a range of products to adult consumers consisting of staple products under the brands Zig-Zag and Stokerâs. Its segments include Zig-Zag Products (Zig-Zag), Stokerâs Products (Stokerâs) and Creative Distribution Solutions. Zig-Zag principally market and distribute rolling papers, tubes, and related products; finished cigars and make-your-own cigar wraps, and CLIPPER reusable lighters and other accessories. Stokerâs manufactures and markets moist snuff tobacco (MST) and contract for and market loose leaf chewing tobacco products. Creative Distribution Solutions segment markets and distributes liquid nicotine products and certain other products without tobacco and/or nicotine; distributes an assortment of products to non-traditional retail outlets via Vapor Beast, and markets and distributes an assortment of products to individual consumers via the VaporFi B2C online platform.
TURNING POINT BRANDS, INC. 
