{"id":785156,"date":"2023-09-20T09:10:36","date_gmt":"2023-09-20T13:10:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/beautyhealth-to-initiate-stock-repurchase-program-following-recent-100-million-share-repurchase-authorization\/"},"modified":"2023-09-20T09:10:36","modified_gmt":"2023-09-20T13:10:36","slug":"beautyhealth-to-initiate-stock-repurchase-program-following-recent-100-million-share-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/beautyhealth-to-initiate-stock-repurchase-program-following-recent-100-million-share-repurchase-authorization\/","title":{"rendered":"BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\nBeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization<\/p>\n<p>LONG BEACH, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced it will initiate a stock repurchase program on September 26, 2023 via Rule 10b5-1. The action follows the recent authorization by the Company\u2019s Board of Directors to repurchase up to $100 million of its common stock.<\/p>\n<p>\nThe extent to which the Company repurchases shares, and the timing of such repurchases, will depend upon a variety of factors as determined by the Company\u2019s management. Purchases may be affected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. The Company expects to fund its share repurchases with existing cash on hand and is not obligated under the program to acquire any particular amount of stock. The Company can suspend or terminate the program at any time.<\/p>\n<p>\nA previous announcement of the share repurchase authorization, dated September 12, 2023, incorrectly stated the trading plan would be implemented in Q3 2024. The Company corrected the date in a Current Report on Form 8-K filed with the Securities and Exchange Commission on September 13, 2023 and on its website to indicate the intention of management to implement the trading plan in Q3 2023.<\/p>\n<p><b>About The Beauty Health Company<\/b><\/p>\n<p>\nThe Beauty Health Company (NASDAQ: SKIN) is a global category-creating company delivering millions of skin health experiences every year that help consumers reinvent their relationship with their skin, bodies, and self-confidence. Our brands are pioneers: Hydrafacial\u2122 in hydradermabrasion, SkinStylus\u2122 in microneedling, and Keravive\u2122 in scalp health. Together, with our powerful community of estheticians, partners, and consumers, we are personalizing skin health for all ages, genders, skin tones, and skin types in more than 90 countries. We are committed to being ever more mindful in how we conduct our business to positively impact our communities and the planet. Find a local provider at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fhydrafacial.com%2Ffind-a-provider%2F&amp;esheet=53558838&amp;newsitemid=20230920677743&amp;lan=en-US&amp;anchor=https%3A%2F%2Fhydrafacial.com%2Ffind-a-provider%2F&amp;index=1&amp;md5=b7e5fdf757c26143be6165a5c3635873\">https:\/\/hydrafacial.com\/find-a-provider\/<\/a>, and learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.beautyhealth.com%2F&amp;esheet=53558838&amp;newsitemid=20230920677743&amp;lan=en-US&amp;anchor=beautyhealth.com&amp;index=2&amp;md5=024e6ba4d033376f9d3033aa0c7dcfb6\">beautyhealth.com<\/a> or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbeautyhealthco%2F&amp;esheet=53558838&amp;newsitemid=20230920677743&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=3e85d598c1293171d70137104600fa1a\">LinkedIn<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nCertain statements made in this release are \u201cforward looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995, including statements regarding The Beauty Health Company\u2019s strategy, plans, objectives, initiatives and financial outlook. When used in this press release, the words \u201cestimates,\u201d \u201cprojected,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cforecasts,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cfuture,\u201d \u201cpropose\u201d and variations of these words or similar expressions (or the negative<b \/>versions of such words or expressions) are intended to identify forward-looking statements.<\/p>\n<p>\nThese forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside The Beauty Health Company\u2019s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. As such, readers are cautioned not to place undue reliance on any forward-looking statements.<\/p>\n<p>\nImportant factors that may affect actual results or outcomes include, among others: The Beauty Health Company\u2019s ability to manage growth; The Beauty Health Company\u2019s ability to execute its business plan; potential litigation involving The Beauty Health Company; changes in applicable laws or regulations; and the possibility that The Beauty Health Company may be adversely affected by other economic, business, and\/or competitive factors. The Beauty Health Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230920677743r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230920677743\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230920677743\/en\/<\/a><\/span><\/p>\n<p>\nInvestors: <a rel=\"nofollow\" href=\"mailto:IR@beautyhealth.com\">IR@beautyhealth.com<br \/>\n<\/a><br \/>Press: <a rel=\"nofollow\" href=\"mailto:press@beautyhealth.com\">press@beautyhealth.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Cosmetics Retail Health Communications Other Health General Health Public Relations\/Investor Relations<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230920677743\/en\/1883791\/3\/BeautyHealth_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization LONG BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced it will initiate a stock repurchase program on September 26, 2023 via Rule 10b5-1. The action follows the recent authorization by the Company\u2019s Board of Directors to repurchase up to $100 million of its common stock. The extent to which the Company repurchases shares, and the timing of such repurchases, will depend upon a variety of factors as determined by the Company\u2019s management. Purchases may be affected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beautyhealth-to-initiate-stock-repurchase-program-following-recent-100-million-share-repurchase-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-785156","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/beautyhealth-to-initiate-stock-repurchase-program-following-recent-100-million-share-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization LONG BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced it will initiate a stock repurchase program on September 26, 2023 via Rule 10b5-1. The action follows the recent authorization by the Company\u2019s Board of Directors to repurchase up to $100 million of its common stock. The extent to which the Company repurchases shares, and the timing of such repurchases, will depend upon a variety of factors as determined by the Company\u2019s management. Purchases may be affected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. 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The action follows the recent authorization by the Company\u2019s Board of Directors to repurchase up to $100 million of its common stock. The extent to which the Company repurchases shares, and the timing of such repurchases, will depend upon a variety of factors as determined by the Company\u2019s management. Purchases may be affected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. 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