Guess?, Inc. (GES), a fashion company, announced on Monday that its Board has approved a new share buyback scheme worth up to $200 million. In addition to this, as a part of the same scheme and via a convertible bond exchange transaction, it has agreed to buy back its 326,429 shares for a total of $10.3 million.
Separately, GES's shares were seen trading 2.67 percent higher at $32.31 in the pre-market session on the New York Stock Exchange.
