Hackett Group, Inc. (HCKT) Approves Additional $5M Buyback
Get Alerts HCKT Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.8%
Revenue Growth %: -6.6%
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The Hackett Group, Inc. (NASDAQ: HCKT) today announced that its Board of Directors increased the authorization under its share repurchase program by an additional $5 million. As of Tuesday, May 10, 2016, the company had approximately $3.1 million available under the Company’s share repurchase program.
Under the share repurchase plan, The Hackett Group may buy back shares of its outstanding common stock either on the open market or through privately negotiated transactions subject to market conditions and trading restrictions. This share repurchase program does not obligate the company to repurchase any shares and may be modified, suspended, or terminated by the company at any time.
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