Oddity had repurchased approximately $97 million under its prior repurchase authorization including approximately $50 million year-to-date.
Any share repurchases may be made from time to time in the open market, including through trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in privately negotiated transactions (other than from an affiliate of the Company) or by other means in accordance with U.S. federal securities laws.
The timing, as well as the number and value of any Class A ordinary shares repurchased under the Buyback Plan, will be determined by the Company at its discretion under the Buyback Plan and will depend on a variety of factors, including management's assessment of the intrinsic value of the Company's Class A ordinary shares, the market price of the Company's Class A ordinary shares, general market and economic conditions, available liquidity, alternative investment opportunities, and applicable legal requirements. The Buyback Plan does not obligate the Company to repurchase any specific number of its Class A ordinary shares and may be suspended, modified or discontinued at any time without prior notice.
Forward-Looking Statements:
Certain statements in this press release may constitute "forward-looking" statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of ...
