Benzinga | Aug 4, 2021 09:27AM EDT

Camping World Boosts Stock Repurchase Program By $125M

* Camping World Holdings Inc's (NYSE:CWH) Board of Directors has authorized an increase in stock repurchase program for up to an additional $125.0 million of Class A common stock, effective immediately.

* The new authorization, along with the buyback previously approved on October 30, 2020, will provide $156.8 million available for repurchases.

* Camping World has extended the expiration of the repurchase authorization to August 31, 2023.

* The company has repurchased about $45.5 million during the six months ended June 30, 2021.

* Camping World held $191.51 million in cash and equivalents as of June 30, 2021.

* Price action: CWH shares are trading higher by 0.57% at $40.31 in premarket on the last check Wednesday.