Superior Group Announces Trading Plan For $2.58M Stock Buyback, Effective December 20 To March 13, 2025
Superior Group Announces Trading Plan For $2.58M Stock Buyback, Effective December 20 To March 13, 2025
On December 20, 2024, Superior Group of Companies, Inc. (the "Company") entered into a 10b5-1 trading plan (the "Plan") for the purpose of repurchasing up to $2,580,000.00 in shares of the Company's outstanding common stock (the "Repurchase Limit") in accordance with the previously-announced share repurchase program authorized by the Company's Board of Directors on August 9, 2024. The Plan is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The Plan allows the Company to repurchase shares up to the Repurchase Limit commencing December 20, 2024 and ending on the earlier of the date on which the Repurchase Limit is reached, March 13, 2025, or other events specified in the Plan. Repurchases of common stock under the Plan will be administered through an independent broker and are subject to certain price, market, volume and timing constraints specified in the Plan.
2024年12月20日,Superior Group of Companies, Inc.(「公司」)簽訂了一項10b5-1交易計劃(「計劃」),目的是根據公司董事會於2024年8月9日批准的之前公告的股票回購方案,回購高達2,580,000.00美元的公司已發行普通股(「回購限額」)。該計劃旨在遵守1934年證券交易法修訂版的第10b5-1(c)條款。該計劃允許公司自2024年12月20日起回購高達回購限額的股份,直到達到回購限額、2025年3月13日或計劃中規定的其他事件的日期,較早者爲準。根據該計劃回購普通股將通過獨立經紀人進行,並受到計劃中規定的某些價格、市場、成交量和時間限制的約束。
譯文內容由第三人軟體翻譯。