K-Swiss Authorizes Stock Repurchase to $25 Million

K-Swiss Inc., Westlake Village, announced authorization by the board of directors to repurchase up to $25 million worth of the company’s Class A common stock. Last year, the company bought back $20 million in common stock. The company’s share price has dropped about 20% over the last three months.

K-Swiss designs and markets athletic footwear for sports and fitness activities and for children.