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GRVI - Grove completes initial transactions in program to repurchase up to 1M shares
Grove Inc.
Grove (NASDAQ:GRVI) completes the first stage of its previously authorized program to repurchase up to 1M shares of its outstanding common stock. The Company repurchased 467,765 shares at an average cost of approximately $4.22 per common share or $1,974,896. The company will continue to review the authorized program and may repurchase up to an additional 500,000 shares.