The Timberland Company today announced that its Board of Directors has authorized the repurchase of up to an additional four million shares of the Company's Class A Common Stock. This additional program supplements the Company's current four million share authorization, of which approximately one million shares remained outstanding at the end of the third quarter. As with the existing program, this program will be conducted from time to time, at the discretion of management, and as market and business conditions may warrant. The Company may use Rule 10b5-1 plans to facilitate share repurchases.
