Guess?, inc. completes repurchase of 9.0 million shares or 14% of shares outstanding

Los angeles--(business wire)--guess?, inc. (nyse: ges) announces the completion of its previously disclosed $175.0 million accelerated share repurchase program (“asr”) entered into on march 18, 2022. on june 24, 2022, the company received final delivery of 5.2 million shares under the asr, which amount was determined based on the daily volume-weighted average price since the effective date of the asr contract, less the applicable contractual discount. when combined with the 3.3 million upfront
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