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Excelerate Board Of Directors Has Authorized A Share Repurchase Program Under Which The Company May Repurchase Up To $50M Of Its Outstanding Class A Common Stock Through February 2026

Author: Happy Mohamed | February 28, 2024 06:17pm

SHARE REPURCHASE PROGRAM

The Excelerate Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $50 million of its outstanding Class A common stock through February 2026. Under the program, repurchases can be made using a variety of methods, which may include open market purchases, block trades, privately negotiated transactions and/or a non-discretionary trading plan, all in compliance with the rules of the SEC and other applicable legal requirements. The timing, manner, price, and amount of any Class A Common Stock repurchases under the program are determined by the Company in its discretion and depend on a variety of factors, including legal requirements, price, and business, economic, and market conditions. The repurchase program may be modified, suspended, or discontinued at any time without prior notice.

Posted In: EE