Tranche Update on Delta Apparel, Inc.'s Equity Buyback Plan announced on November 2, 2000.
January 08, 2018 at 07:08 am
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From October 1, 2017 to December 30, 2017, the company has repurchased 145,124 shares, representing 1.99% for $3 million. With this, the company has completed the repurchase of 3,038,611 shares, representing 35.97% for $41.73 million under the buyback announced on November 2, 2000.
Delta Apparel, Inc. is a vertically integrated, international apparel company. The Company designs, manufactures, sources, and market a diverse portfolio of core activewear and lifestyle apparel products under its primary brands of Salt Life, Soffe, and Delta. It operates through two segments: Delta Group and Salt Life Group. The Delta Group segment consists of its business units primarily focused on activewear styles: DTG2Go and Delta Activewear. The Salt Life Group segment comprises its Salt Life business, which is built on the authentic, aspirational Salt Life lifestyle brand. Delta Activewear is a preferred supplier of activewear apparel to regional and global brands, as well as direct-to-retail and wholesale markets. It also specializes in selling casual and athletic products through a variety of distribution channels and tiers. Its On-Demand DC digital solution provides retailers and brands with immediate access to utilize DTG2Goâs network of print and fulfillment facilities.