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Investor Alert

Jan. 24, 2022, 7:46 a.m. EST

Camping World boosts stock buyback program, to value of more than 7% of market cap

Shares of Camping World Holdings Inc. (NYS:CWH) rose 0.4% in premarket trading Monday after the recreational vehicle and related products retailer said it increased its stock repurchase program by $152.7 million. That means the company now has $200 million available to buy back stock, which represents 7.4% of the company's market capitalization of $2.71 billion as of Friday's close. The company extended the expiration of the buyback program to Dec. 31, 2025. The stock's gain comes in the face of a selloff in the broader market, as futures (CME:ES00) for the S&P 500 (S&P:SPX) are down 0.5%.

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