The Lovesac Company Announces a Five-Year Extension of Its Credit Facility and Inaugural Share Repurchase Program
LOVEThe Lovesac pany(LOVE) GlobeNewswire News Room·2024-07-31 19:00

Expands Revolving Credit Facility with 5-Year Extended Maturity Board of Directors Authorizes $40 Million Share Repurchase Program STAMFORD, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced that it has entered into a five-year extension of its revolving credit facility and that its Board of Directors has authorized a share repurchase program. Th ...