Tranche Update on Unifi, Inc.'s Equity Buyback Plan announced on October 31, 2018.
February 01, 2023 at 04:21 pm EST
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From October 3, 2022 to January 1, 2023, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 700,500 shares, representing 3.79% for $11.19 million under the buyback announced on October 31, 2018.
Unifi, Inc. is a multinational company. The Company manufactures and sells recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets. It operates through three segments: Americas, Asia, and Brazil. The Americas and Asia segments primarily sell recycled and synthetic products to yarn manufacturers, knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets principally in North and Central America, Asia and Europe. The Brazil Segment sells recycled and synthetic products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in Brazil. It offers polyester and nylon products, and recycled solutions.