Leatt (PINK:LEAT – Get Free Report) announced that its Board of Directors has initiated a share repurchase plan on Wednesday, December 17th, RTT News reports. The company plans to buyback $750.00 billion in shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.
Leatt Stock Performance
About Leatt
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.
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