SPAR Group, Inc. announces an Equity Buyback for 500,000 shares, representing 2.37% of its issued share capital.
January 06, 2021 at 09:05 pm
Share
SPAR Group, Inc. (NasdaqCM:SGRP) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares of its outstanding shares of common stock. The share repurchase program will be funded with cash on hand and internally generated funds. The repurchase program will be valid until December 22, 2021. As of January 6, 2021, the company had approximately 21,100,000 shares of common stock in outstanding.
SPAR Group, Inc. is a global merchandising and brand marketing services company. The Company is engaged in offering merchandising, marketing and distribution solutions to retailers and brands. It provides the resources and analytics that improve brand experiences and transform retail spaces. Its segments include Americas; Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). The Company provides six principal types of services: merchandising and marketing, category management and setup, remodel and retail transformation, assembly and installation, business analytics and insights, and fulfilment and distribution. It represents various manufacturers and/or retail clients in a range of retail segments and stores worldwide. Its clients in the retail segments include convenience, cash and carry, home improvement, consumer electronics, automotive, and others. Its clients in the manufacturer segments include personal technology, consumer electronics, consumables, and others.
SPAR GROUP, INC. 
