Blyth, Inc. Updates Activity In Its Share Repurchase Program
GREENWICH, Conn., April 1, 2013
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®
Blyth, Inc. may be found on the Internet at www.blyth.com.
SOURCE Blyth, Inc.
Contact: Robert H. Barghaus, Chief Financial Officer, (203) 661-1926 ext.
6668; Jane F. Casey, Vice President, (203) 661-1926 ext.6619
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