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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 -1.29% 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 -1.32% for the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.25% are down 0.5%.

/zigman2/quotes/210208311/composite
US : U.S.: NYSE
$ 25.66
-0.34 -1.29%
Volume: 581,365
May 24, 2022 2:31p
P/E Ratio
4.57
Dividend Yield
9.74%
Market Cap
$2.16 billion
Rev. per Employee
$557,722
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/zigman2/quotes/209948968/delayed
US : U.S.: CME
$ 3,919.25
-52.50 -1.32%
Volume: 1.39M
May 24, 2022 1:21p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,923.89
-49.86 -1.25%
Volume: 1.50B
May 24, 2022 2:31p
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