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Zumiez To Repurchase Up To $22 Million Of Its Stock

Zumiez announced today that its board of directors approved a plan to repurchase $22 million of common stock.

According to a Form 8-K filed with the Securities and Exchange Commission:

On November 13, 2012, the Board of Directors of Zumiez Inc. has approved the repurchase of up to an aggregate of $22 million of its Common Stock. The repurchases will be made from time to time on the open market at prevailing market prices. The repurchase program is expected to continue through fiscal year 2013 that will end on February 1, 2014, unless the time period is extended or shortened by the Board of Directors.