Spartan Motors Adopts 10b5-1 Trading Plan for Share Repurchases
SPARTAN MOTORS (SPAR)
Last spartan motors earnings: 3/12 07:30 am
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US:NASDAQ Investor Relations:
spartanmotors.com/investor-relations
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Source: PR Newswire
CHARLOTTE, Mich., Dec. 17, 2018 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company"), a global leader in specialty chassis and vehicle design, manufacturing and assembly, today announced that the Company has entered into a 10b5-1 trading plan that authorizes share repurchases to begin Friday, December 21, subject to the terms and limits of the plan. Repurchases made under the plan are subject to the Securities and Exchange Commission's regulations, as well as certain price, market, volume, and timing constraints specified in the plan. Since repurchases under the plan are subject to certain constraints, there is no guarantee as to the exact number of shares that will be repurchased under the plan. This plan has been established pursuant to the previously-announced authorization by the Company's Board of Directors for the Company to repurchase up to 1.0 million shares. "This buyback reflects our ongoing commitment to deploy capital in a manner that provides
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