Lakeland industries announces new $5.0 million expansion to stock repurchase program

Expectations for sustainable performance improvements and continued free cash flow support increase to buyback authorization decatur, al / accesswire / july 7, 2021 / lakeland industries, inc. (nasdaq:lake) (the "company" or "lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that its board of directors has authorized an increase of $5 million to the stock repurchase program announced february 17, 2021, under which the company could repurchase up to $5 million of outstanding common stock. this expansion is in addition to the prior program which has been completely utilized during the fiscal second quarter ending july 31, 2021.
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