NYSE:LTHHospitality
Life Time Group Launches US$500m Buyback As Valuation Signals Diverge
Life Time Group Holdings (NYSE:LTH) has approved a new $500 million share repurchase program.
The buyback plan targets the company's common stock and is intended to support long term shareholder value.
This authorization adds a fresh capital allocation lever for the fitness and lifestyle operator.
Life Time Group Holdings, trading at $26.12 per share, is coming off a mixed share price run, with a 51.2% gain over three years but a 13.3% decline over the past year. In the shorter term, the...