Target Hospitality Announces $75 Million Stock Repurchase Program
Target Hospitality Corp. (TH)
Last target hospitality corp. earnings: 3/11 04:15 pm
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Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced that its Board of Directors has authorized a stock repurchase program of up to $75 million. The authorization of the repurchase program is strategically consistent with the Company’s capital allocation priorities to simultaneously invest in growth, maintain a strong balance sheet, and deploy capital into value enhancing initiatives.Stephen Robertson, Chairman of Target Hospitality, stated, “The stock repurchase authorization reinforces the Board of Directors’ complete confidence in the strength and resilience of our business model as well as our long-term growth prospects. Given our robust balance sheet and strong cash flow generation, the flexibility to opportunistically repurchase shares while concur
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News
- Target Hospitality Corp. (NASDAQ: TH) had its "hold" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $12.00 price target on the stock, down previously from $13.00.MarketBeat
- Target Hospitality announces partnership with Chard Métis Dene Group Apr. 12, 2024 7:21 AM ET By: Meghavi Singh , SA News Editor [Seeking Alpha]Seeking Alpha
- Target Hospitality Announces Partnership with Chard Métis Dene Group [Yahoo! Finance]Yahoo! Finance
- Target Hospitality Announces Partnership with Chard Métis Dene GroupPR Newswire
- Why Target Hospitality Stock Surged Higher This Week [Yahoo! Finance]Yahoo! Finance
TH
Earnings
- 3/13/24 - Beat
TH
Sec Filings
- 4/15/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- TH's page on the SEC website