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PVH Corp. Intends To Enter Into $500 Million Accelerated Share Repurchase Agreements

1. PVH plans to repurchase $500 million of its common stock. 2. This follows a $5 billion stock repurchase authorization.

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FAQ

Why Bullish?

Share repurchase programs typically result in increased stock prices due to reduced share count. Historical precedent shows that such actions often boost investor confidence and stock performance, as seen with companies like Apple and Microsoft.

How important is it?

The announcement of a significant share repurchase program indicates financial strength and commitment to returning value to shareholders, making it highly relevant to PVH.

Why Short Term?

The short-term impact is likely as the ASR will increase demand and reduce shares immediately. However, it may have prolonged effects if perceived positively by investors.

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NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] (the “Company”) today announced that it intends to enter into accelerated share repurchase (“ASR”) agreements with one or more dealers to repurchase $500 million of the Company's common stock. The agreements are being entered into under the Company's existing $5.0 billion stock repurchase authorization, of which $1.8 billion was available for share repurchases as of February 2, 2025, the end of its most recent fiscal year. The Company intends to.

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