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Under Armour agrees to settlement with UCLA in breach of contract suit
Under Armour has agreed to pay UCLA $67.49 million to resolve a lawsuit filed two years ago.
Under Armour CEO stepping down with $6.9M separation agreement
Patrik Frisk, who took over as CEO and president of Under Armour in 2020 and led the Baltimore company as it navigated through the turbulence of a global pandemic, is […]
New Under Armour building aims to be gateway between campus, Port Covington
Under Armour has unveiled plans for the next phase of its global headquarters in Baltimore's Port Covington.
Under Armour reports quarterly loss; stock price falls sharply
Under Armour Inc. on Friday reported an unexpected loss of $59.6 million in the first three months of the year, prompting a steep drop in its share price. On a […]
Under Armour announces $300M accelerated share repurchase agreements
Baltimore-based Under Armour Inc. announced it has entered accelerated share repurchase agreements to repurchase $300 million of its Class C common stock.
Under Armour announces $500M share repurchase program
Under Armour Inc. announced that its board of directors has authorized the repurchase of up to $500 million of outstanding Class C common stock.
Under Armour offering course, internship program to Morgan State students
A new partnership between Morgan State University and Under Armour aims to help students of color break into the sportswear industry through an intensive course and internship opportunities.
New ownership team plans life sciences hub for City Garage
City Garage, an innovation space in Port Covington, will soon undergo major upheaval as it adopts a new ownership structure and anchor tenant Under Armour prepares to leave. The space, […]
Plank begins planned sale of 5 million Under Armour shares
Under Armour Executive Chairman Kevin Plank has sold about 824,000 shares of his Baltimore-based company’s Class C shares as part of a pre-arranged stock trading plan that will ultimately see […]
Under Armour refinancing debt with 1.50% convertible senior noteholders
Baltimore-based Under Armour announced it has entered into exchange agreements with certain holders of its 1.50% Convertible Senior Notes due 2024.
Under Armour to raise minimum hourly pay to $15
Under Armour is raising the minimum pay rate for hourly employees in the United States and Canada by 50%, a move that will affect 8,000 part-time and full-time retail and distribution […]
Under Armour to pay $9M to settle SEC probe
The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning […]
