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Stock impact report

Limbach Holdings Announces Share Repurchase Program Authorization

Limbach Holdings, Inc. (LMB) 
Last limbach holdings, inc. earnings: 11/14 05:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.limbachinc.com
Company Research Source: Business Wire
The program authorizes up to $2.0 Million of Common Stock to be repurchased WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced that its Board of Directors approved a share repurchase program with an authorization to purchase up to $2.0 million of shares of its Common Stock.Authorization of up to $2.0 Million in a Common Stock Repurchase ProgramLimbach’s Board of Directors has authorized a share repurchase program, under which the Company is authorized to repurchase up to $2.0 million of its outstanding common stock. The share repurchase authority is valid for one-year through September 29, 2023.“We believe, over the term of the authorization of the program there could be attractive buying opportunities for our stock. With that in mind, the buyback authorization puts the Company in a strong position to be able to initiate a repurchase program in an effort to return value to our stockholders,” said Limbach EVP and CFO, Show less Read more
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