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Date | Price Target | Rating | Analyst |
---|---|---|---|
8/11/2022 | Market Outperform → Market Perform | CJS Securities |
Repurchased 500,000 shares of common stock and announced leadership and board changes Unifi, Inc. (NYSE:UFI), makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today provided various transactional, leadership and board updates. Summary of Updates: Repurchased 500,000 shares of common stock in May 2022. Appointed Greg Sigmon, General Counsel and Corporate Secretary, as an Executive Officer of the Company. Set forth leadership transition plan for Unifi do Brasil, Ltda. ("UdB"), as Mauro Fernandes will replace retiring UdB President Lucas de Carvalho Rocha. Announced the retirement of director James ("Jim") M. Kilts. Stock Repurchase Dur