Jos. A. Bank launches tender offer

|About: Jos. A. Bank Clothiers, Inc. (JOSB)|By:, SA News Editor

Jos. A. Bank Clothiers (JOSB) launches a tender offer to buy back as much as $300M in shares.

The offer price on the tender is $65 per share which marks a 19.9% premium over yesterday's closing price.

JOSB +1.5% premarket