BGSF, Inc. Announces Review of Strategic Alternatives and Suspension of Quarterly Cash Dividend
BGSF, Inc. (BGSF)
NASDAQ:AMEX Investor Relations:
bgstaffing.investorroom.com
Company Research
Source: Business Wire
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a national provider of consulting, managed services, and workforce solutions, today announced that its Board of Directors has initiated a process to evaluate potential strategic alternatives and has engaged Houlihan Lokey as its financial advisors in this endeavor to maximize shareholder value, and the Company has also suspended its quarterly cash dividend until this strategic review is complete.“Given the continued dislocation of BGSF’s public market valuation, the Board and I believe evaluating strategic alternatives and suspending the cash dividend are prudent measures as we continue to look for ways to maximize value for our shareholders,” said Beth Garvey, Chair, President, and Chief Executive Officer.There are no assurances of the timing or outcome of this review or that this review will result in a merger, divestiture, sale, or other transaction, and the Company will not comment further until it determines that disclos
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BGSF
News
- BGSF, Inc. (NYSE:BGSF) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- BGSF, Inc. (NYSE: BGSF) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- BGSF, Inc. Announces Review of Strategic Alternatives and Suspension of Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- BGSF, Inc. Reports First Quarter 2024 Financial Results Generated $7.4 Million of Operating Cash Flow [Yahoo! Finance]Yahoo! Finance
- BGSF, Inc. Reports First Quarter 2024 Financial Results Generated $7.4 Million of Operating Cash FlowBusiness Wire
BGSF
Earnings
- 5/8/24 - Beat
BGSF
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- BGSF's page on the SEC website