Tranche Update on Cimpress N.V.'s Equity Buyback Plan announced on November 17, 2017.
January 31, 2019 at 05:25 pm
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From October 1, 2018 to December 31, 2018, the company has repurchased 117,552 shares, representing 0.38% for $14.04 million. With this, the company has completed the repurchase of 681,553 shares, representing 2.2% for $83.04 million under the buyback announced on November 17, 2017.
Cimpress plc is focused on mass customization of printing and related products, via which it delivers volumes of individually small-sized customized orders. Its segments include Vista, PrintBrothers, The Print Group, National Pen and All Other Businesses. The Vista segment includes Vista, the parent brand of multiple offerings, including VistaPrint, VistaCreate, 99designs by Vista, Vista Corporate Solutions, and Depositphotos. The PrintBrothers segment includes its druck.at, Printdeal, and WIRmachenDRUCK businesses. The Print Group segment includes its Easyflyer, Exaprint, Pixartprinting, and Tradeprint businesses. The National Pen segment includes the global operations of its National Pen business, which manufactures and markets custom writing instruments and promotional products, apparel and gifts. The All Other Businesses segment includes two businesses grouped together based on materiality. Its products are marketing materials, business cards, signage, packaging and others.