Tapestry公司是教练和Kate Spade的母公司,它计划从自己的股票中购回20亿美元。 Tapestry, Inc., parent company of Coach and Kate Spade, plans to repurchase $2 billion of its own stock.

教练、Kate Spade和Stuart Weitzman的母公司Tapestry Inc.同意通过美国银行和摩根斯坦利的加速股份回购方案,重新购买其20亿美元的股票。 Tapestry, Inc., the parent company of Coach, Kate Spade, and Stuart Weitzman, has agreed to repurchase $2 billion of its stock through an Accelerated Share Repurchase program with Bank of America and Morgan Stanley. 此举是他们计划在2025财政年度将100%以上的自由现金流回股东的计划的一部分。 This move is part of their plan to return over 100% of free cash flow to shareholders in fiscal 2025. Tapestry 将通过借款和现金相结合的方式为回购提供资金，预计将于 11 月 26 日首次交付 2840 万股。 Tapestry will fund the repurchases with a mix of borrowing and cash, with an initial delivery of 28.4 million shares expected on November 26. 最终解决办法定于2026财政年度的第一季度。 The final settlement is set for the first quarter of fiscal 2026.