2023-06-23 03:22:54 ET
- On heels of a $100 million share repurchase program announced in November , HireRight Holdings's ( NYSE: HRT ) board has authorized an additional $25 million share repurchase program.
- The buyback will be funded from the company’s existing cash and cash equivalents and future cash flows. As of June 20, 2023, the company had ~$82.2 million cash and cash equivalents.
- The share repurchase amount of $25M represents ~3% of market cap of $786.37 as on June 22, 2023.
For further details see:
HireRight board authorizes additional $25M share repurchase program