Stitch Fix, Inc. announces an Equity Buyback for $150 million worth of its shares.

Stitch Fix, Inc. (NasdaqGS:SFIX) announces a share repurchase program. Under the program, the company will repurchase up to $150 million of its Class A common stock. Repurchases under this program will be funded from the company's existing cash and cash equivalents or future cash flow.

The repurchase program has no expiration date and may be modified, suspended, or terminated at any time. As of October 30, 2021, the company had 83,193,536 shares of Class A common stock and 25,601,420 shares of Class B common stock outstanding.