Edition:
India

Lululemon Athletica Announces Repurchase Of 3.3 Mln Shares From Advent International


Friday, 8 Jun 2018 

June 7 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC. ANNOUNCES REPURCHASE OF 3.3 MILLION SHARES FROM ADVENT INTERNATIONAL CORPORATION.LULULEMON ATHLETICA INC - SHARES WILL BE REPURCHASED UNDER COMPANY'S RECENTLY-INCREASED $600 MILLION SHARE REPURCHASE AUTHORIZATION.LULULEMON ATHLETICA INC - REPURCHASE TO BE FUNDED WITH CASH ON HAND AND AVAILABLE BORROWINGS.LULULEMON ATHLETICA - ADVENT INFORMED CO THAT IT HAS SOLD ADDITIONAL 6.7 MILLION SHARES OF COMMON STOCK PURSUANT TO RULE 144.LULULEMON ATHLETICA - EXPECT SHARE PURCHASE WILL BE ACCRETIVE TO FISCAL 2018 EPS BY ABOUT $0.03.