Tranche Update on Inter Parfums, Inc.'s Equity Buyback Plan announced on May 8, 2023.
February 27, 2024 at 04:57 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 31,800 shares, representing 0.1% for $4.11 million. With this, the company has completed the repurchase of 116,860 shares, representing 0.37% for $15.4 million under the buyback announced on May 8, 2023.
Inter Parfums, Inc. manufactures, markets and distributes a range of fragrance and fragrance related products. The Company has two segments. The Company produces and distributes its fragrance products under license agreements with brand owners, and fragrance product sales through its European based operations segment. It has built a portfolio of brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, and Van Cleef & Arpels, whose products are distributed in approximately 120 countries around the world. Its brand fragrance products are also produced and marketed through its United States based operations. These fragrance products are sold under trademarks owned by the Company or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, and Ungaro.
INTER PARFUMS, INC. 
