SAMSONITE (01910) to Commence Share Buyback Program on May 14

Stock News

05/13

SAMSONITE (01910) announced that the company will implement a share repurchase program starting May 14, 2026. The buyback plan will be executed under the general mandate granted by shareholders at the Annual General Meeting held on June 3, 2025, authorizing the company to purchase its own shares on the market. The Board of Directors has requested shareholder approval at the Annual General Meeting scheduled for June 4, 2026, for an updated general mandate to repurchase shares in the market. If the proposed 2026 share repurchase authorization is approved by shareholders, the share buyback program will continue accordingly. The maximum size of the share repurchase program is up to $50 million.

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