Tapestry, inc. announces agreements for $2.0 billion accelerated share repurchase program

New york--(business wire)--tapestry, inc. (nyse: tpr), a house of iconic accessories and lifestyle brands consisting of coach, kate spade, and stuart weitzman, today announced that it entered into accelerated share repurchase (“asr”) agreements with bank of america n.a. and morgan stanley & co. llc (the “dealers”) to repurchase $2.0 billion shares of tapestry common stock. the asrs will be completed under the company's recently expanded $2.8 billion share repurchase authorization. with the.
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