Guess?, Inc. (GES) said Tuesday that its Board of Directors has authorized a new program to repurchase up to $500 million of its common stock.
The new $500 million authorization is in addition to the existing $250 million repurchase authorization announced in March 2011, under which about $231 million has been used to repurchase about 8.2 million shares to date, including 5 million shares during the current fiscal quarter.
About $19 million remains available for repurchases under the existing $250 million authorization.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.