SPAR Group Announces Share Repurchase Authorization
03 Avril 2024 - 3:05PM
SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or
the “Company”), a provider of merchandising, marketing and
distribution services, announces the filing of a plan approved by
the Board of Directors for a repurchase of up to 2,500,000 of
SGRP’s shares of common stock.
“Our new stock repurchase plan authorization
provides a means to opportunistically buy back our stock and return
value to shareholders. This is one of many initiatives we are
implementing to create long-term value for our shareholders, while
we prudently manage our balance sheet and focus on growth,” said
Mike Matacunas, SPAR Group CEO.
The plan has been filed with the SEC effective today, April 3,
2024.
About SPAR Group, Inc.
SPAR Group is an innovative services company offering
comprehensive merchandising, marketing and distribution solutions
to retailers and brands. We provide the resources and analytics
that improve brand experiences and transform retail spaces. We
offer a unique combination of scale and flexibility with a passion
for client results that separates us from the competition. For more
information, please visit the SPAR Group’s website
at http://www.sparinc.com.
Media Contact: |
Investor Relations Contact: |
Ronald Margulis |
Sandy Martin |
RAM Communications |
Three Part Advisors |
908-272-3930 |
214-616-2207 |
ron@rampr.com |
smartin@threepa.com |
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