Blyth, Inc. Updates Activity In Its Share Repurchase Program
GREENWICH, Conn., April 1, 2013 /PRNewswire/ -- Blyth, Inc. (NYSE: BTH), a direct to consumer company and leading designer and marketer of health and wellness products, candles and accessories for the home sold through the direct selling and direct marketing channels, today indicated that it has repurchased shares in the open market under its share repurchase authorization. During its first fiscal quarter, following the March 14th release of its 2012 financial results, the Company repurchased 594,582 shares – the maximum available under 10b-18 guidelines during the open window to repurchase - or approximately 3.6% of its outstanding shares. The Company has 1.0 million shares remaining in its existing authorization.
Blyth, Inc., headquartered in Greenwich, CT, USA, is a direct to consumer business focused on the direct selling and direct marketing channels. It designs and markets health and wellness products, candles and accessories for the home through the direct selling channel, utilizing both the network marketing and home party plan methods. The Company also designs and markets household convenience items and personalized gifts through the catalog/Internet channel. Its products are sold direct to the consumer under the ViSalus Sciences®, PartyLite® and Two Sisters Gourmet by PartyLite® brands and to consumers in the catalog/Internet channel under the Miles Kimball®, Walter Drake®, Easy Comforts®, As We Change® and Exposures® brands.
Blyth, Inc. may be found on the Internet at www.blyth.com.
SOURCE Blyth, Inc.