Camping World Holdings Inc. announced that its Board of Directors has authorized an increase in its stock repurchase program after which $200 million remains available for the repurchase of the company’s Class A common stock.
Its Board of Directors has authorized an increase in the company’s $225 million stock repurchase program, originally approved on October 30, 2020, to allow for the repurchase of an additional $152.7 million of its Class A common stock, effective immediately, resulting in approximately $200 million remaining available for such repurchases.
Its Board of Directors also extended the expiration of the repurchase authorization to December 31, 2025.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL, has over 185 locations in 40 states, under Camping World and sister brand Gander RV & Outdoors.