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ARKO Buyback image

ARKO Corp. Buyback

OLI recorded this information on 5/16/2023

Company: ARKO Corp.
Buyback: ARKO buyback
$Amount Authorized: $50,000,000
Buyback Details: ARKO Corp. (Nasdaq: ARKO) ("ARKO" or the "Company"), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced that its Board of Directors increased the Company's previously authorized share repurchase program by an additional $50 million. The Company now has availability to repurchase up to an aggregate amount of approximately $59 million of the Company's outstanding shares of common stock under this newly expanded repurchase plan.

ARKO is a convenience store operator. Co. operates the stores under regional store brands including 1-Stop, Admiral, Apple Market®, BreadBox, ExpressStop®, E-Z Mart®, fas mart®, fastmarket®, Handy Mart, Jiffi Stop®, Li'l Cricket, Next Door Store®, Roadrunner Markets, Rstore, Scotchman®, shore stop®, Town Star, Village Pantry® and Young's. Co.'s business segments are: retail, which provides a range of cold and hot foodservice, beverages, cigarettes and other tobacco products, candy, salty snacks, grocery, beer and general merchandise; and wholesale, which supplies fuel to independent dealers, sub-wholesalers and bulk and spot purchasers, on either a cost plus or consignment basis.

ARKO SEC Filing Email Alerts Service

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ARKO — Key Stats (updated 12 hours, 56 minutes ago)
Company Name:  ARKO Corp
Stock buyback:  ARKO buyback
Website:  www.arkocorp.com
Sector:  Grocery & Drug Stores
Number of ETFs Holding ARKO:  25
Total Market Value Held by ETFs:  $29.03M
Total Market Capitalization:  $539.00M
% of Market Cap. Held by ETFs:  5.39%
 

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May 1, 2024  •  11:59 PM Eastern
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Buy (3.00 out of 4)
32nd percentile
(ranked lower than approx. 68% of all stocks covered)
Based on Zacks ABR data;
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