Tranche Update on 1-800-FLOWERS.COM, Inc.'s Equity Buyback Plan announced on October 1, 2001.
January 29, 2014 at 02:35 pm EST
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From October 1, 2013 to December 29, 2013, the company has repurchased 920,400 shares, representing 1.45% for $4.82 million. With this, the company has completed the repurchase of 7,362,185 shares, representing 11.47% for $33.67 million under the buyback announced on October 1, 2001.
1-800-Flowers.Com, Inc. is a provider of gifts designed to help customers to give, connect, and build relationships. The Companyâs e-commerce business platform features a family of brands, including 1-800-Flowers.com, 1-800-Baskets.com, Cherylâs Cookies, Harry & David, PersonalizationMall.com, Shariâs Berries, FruitBouquets.com, Things Remembered, Moose Munch, The Popcorn Factory, Wolfermanâs Bakery, and others. Its Celebrations Passport loyalty program provides members with free standard shipping and no service charge across its portfolio of brands. It also operates BloomNet, an international floral and gift industry service provider offering a range of products and services designed to help members grow their businesses profitably; Napco, a resource for floral gifts and seasonal decor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; and Aliceâs Table, a lifestyle business. Its segments include Consumer Floral & Gifts, BloomNet, and Gourmet Foods & Gift Baskets.