HireQuest, Inc. (NASDAQ: HQI) announced a $20 million share repurchase program.
The program allows the company to repurchase its outstanding shares of common stock.
The Repurchase Program will expire twelve months after its starting date.
Purpose of Repurchase Program
Belief in the efficiency of capital use and commitment to prudent capital management.
Repurchase Methods
Shares may be repurchased through various methods, subject to legal requirements and market conditions.
Program Flexibility
The program can be modified, suspended, or terminated at any time, without prior notice.
- The share repurchase program reflects HireQuest's confidence in its long-term strategy and commitment to returning capital to shareholders.
- It demonstrates the company's belief in the value of its common stock and the importance of prudent capital deployment.
HireQuest's $20 million share repurchase program underscores its focus on capital management and shareholder value. The company's commitment to strategic capital deployment bodes well for its long-term growth and investor confidence.