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Hillman Solutions Corp. (NASDAQ:HLMN) (the "Company" or "Hillman"), a leading provider of hardware products and merchandising solutions, announced that its Board of Directors has authorized an initial share repurchase program ("SRP") for up to $100 million of the Company's outstanding common stock.
This new authorization permits shares of common stock to be repurchased from time to time at management's discretion, through a variety of methods, including a 10b5-1 trading plan, open market purchases, privately negotiated transactions or transactions otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
This is the first SRP that Hillman has implemented since becoming publicly traded in 2021.
Posted In: HLMN
