Sally Beauty Holdings (SBH) announced after the close Tuesday that its Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to $700 million of its common stock.
Sally Beauty Holdings gapped open higher Wednesday and climbed during the first half of the morning. Shares ended the session with a gain of 0.97 at $29.45 on above average volume. The stock has been on an upward trend for the last 2 months and set a new high for the year.
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.