SPAR Group 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.
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