Leatt (PINK:LEAT – Get Free Report) announced that its board has authorized a stock buyback plan on Wednesday, December 17th, RTT News reports. The company plans to repurchase $750.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.
Leatt Price Performance
About Leatt
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.
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