USA: Timberland Announces Share Buy-Back Plan
Rugged footwear and outerwear manufacturer, Timberland Co, said yesterday its board has authorised the buy-back of up to an additional four million shares of its class A common stock. Timberland said in a short statement that the new program supplements its current four million share authorisation, of which about 1.1 million shares remained outstanding at the end of fiscal first quarter.