PVH Corp. board authorizes $2B increase to stock buyback program

The company states: “Delivering on its commitment under the PVH+ Plan to return excess cash to stockholders, the Company repurchased 2.5 million shares of its common stock for $282 million during the fourth quarter of 2023, bringing total share repurchases for the full year 2023 to 5.7 million shares for $550 million. On March 27, 2024, the Board of Directors approved a $2.0 billion increase to the stock repurchase program and extended it through July 2028.”