Samsonite Launches US$50 Million Share Buyback to Signal Confidence and Offset Dilution
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Samsonite International SA has announced a US$50 million share buyback program starting May 14, 2026, to signal confidence in its long-term growth and offset dilution from employee equity awards. The buyback, representing about 2.01% of issued shares, will be funded from internal resources and conducted within a price band of HK$5–HK$40. The board believes the current share price undervalues the company. The latest analyst rating for Samsonite stock is a Buy with a price target of HK$26.00.
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