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

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

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By Tomi Kilgore

Shares of Camping World Holdings Inc. /zigman2/quotes/210208311/composite CWH -3.43% 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 /zigman2/quotes/209948968/delayed ES00 -0.53% for the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.49% are down 0.5%.

/zigman2/quotes/210208311/composite
US : U.S.: NYSE
$ 29.31
-1.04 -3.43%
Volume: 430,527
Aug. 9, 2022 3:15p
P/E Ratio
5.55
Dividend Yield
8.51%
Market Cap
$2.52 billion
Rev. per Employee
$566,211
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/zigman2/quotes/209948968/delayed
US : U.S.: CME
$ 4,120.00
-21.75 -0.53%
Volume: 1.03M
Aug. 9, 2022 2:07p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,119.79
-20.27 -0.49%
Volume: 2.22B
Aug. 9, 2022 3:17p
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