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Birkenstock shares jump after $250 million buyback plan

FN·May 21 ago·3 min read
Photograph via Fashion Network
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Shares of Birkenstock surged nearly 17% on Thursday after the German sandal maker said it ⁠would buy back $250 million of its stock through an accelerated share repurchase agreement, following a recent selloff.

Shares of Birkenstock surged nearly 17% on Thursday after the German sandal maker said it ⁠would buy back $250 million of its stock through an accelerated share repurchase agreement, following a recent selloff.

Shares of Birkenstock surged nearly 17% on Thursday after the German sandal maker said it ⁠would buy back $250 million of its stock through an accelerated share repurchase agreement, following a recent selloff.

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