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#Denim

Kontoor Brands announces USD300 Million share repurchase program

Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported that the Company’s Board of Directors has authorized a share repurchase program of up to $300 million of the Company’s common stock. The new repurchase authorization replaces the existing share repurchase program announced on August 5, 2021.

“Today’s announcement of a $300 million share repurchase program illustrates our enhanced capital allocation optionality and reflects the strong cash flow generation of our business, while underscoring Kontoor’s unrelenting focus on delivering superior Total Shareholder Return over time,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.

The share repurchase program approved by the Company’s Board of Directors authorizes the repurchase of up to $300 million of the Company’s outstanding common stock.



The timing and amount of repurchases will be determined by the Company based on its evaluation of market conditions, continued compliance with its debt covenants and other factors. The program does not have an expiration date but may be suspended, modified or terminated at any time without prior notice. The Company expects to fund repurchases through cash flow generated from operations.



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#Denim

Jeanologia brings “Billy” to China, the AI transforming denim design

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#Denim

Officina39 brings modular Low Temperature Reactive Dyeing and a new vision of denim efficiency to Denim Première Vision Milan 2026

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#Denim

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#ITM 2026

Uster FiberQ excels for recycled raw materials too

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#Textile processing

YKK develops concept EXCELLA® zipper tape using nonwoven fabric partially derived from used clothing

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#Textiles & Apparel / Garment

Texworld Apparel Sourcing Paris highlights evolving global sourcing landscape

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#Textile processing

Dedicated car seat model of SHIMA SEIKI’s P-CAM® R Cutting Machine unveiled

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#Research & Development

ALADIN paves the way for circular and demand-driven textile production in Europe

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