ACCESS Newswire Inc. (NYSE American: ACCS) announced a $1.0 million dollar share repurchase program.
The program reflects confidence in the company's business strength and outlook.
The repurchase will be funded from cash on hand and anticipated cash flows from operations.
Share Repurchase Program Approval
The Board of Directors approved a $1.0 million dollar share repurchase program.
Commitment to Enhancing Stockholder Value
The repurchase program reflects the company's commitment to enhancing stockholder value.
Repurchase Details
Repurchases will be made in compliance with securities laws and regulations, with timing based on various factors.
- The share repurchase program signals management's confidence in the company's financial stability and future prospects.
- Investors may view the repurchase positively as a sign of long-term value creation.
- The program may lead to increased earnings per share by reducing outstanding shares.
The share repurchase program highlights ACCESS Newswire's confidence in its business and commitment to enhancing shareholder value. Investors may see this move as a positive signal of the company's financial strength and growth potential.