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Digital Ally, Inc. Buyback

OLI recorded this information on 12/6/2021

Company: Digital Ally, Inc.
Buyback: DGLY buyback
$Amount Authorized: $10,000,000
Buyback Details: Digital Ally, Inc. (NASDAQ: DGLY) (the "Company"), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety, and security for venues and events, today announced that its Board of Board of Directors has approved a stock buy-back program authorizing the Company to purchase up to $10.0 million of the Company's outstanding common stock subject to SEC regulations, stock market conditions and corporate working capital needs. The buy-back program will commence immediately with a duration of the program through December 31, 2022.

Digital Ally operates through the following segments: Video Solutions, which produces digital video imaging, storage products, disinfectant and related safety products for use in law enforcement, security and commercial applications, as well as provides cloud and warranty solutions, and hardware sales for video and health safety solutions; Revenue Cycle Management, which provides working capital and back-office services to healthcare organizations; and Ticketing, which act as an intermediary between ticket buyers and sellers within its secondary ticketing platform, ticketsmarter.com, and it also acquires tickets from primary sellers to then sell through various platforms.
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Company Name:  Digital Ally Inc (New)
Stock buyback:  DGLY buyback
Website:  www.digitalallyinc.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding DGLY:  2
Total Market Value Held by ETFs:  $108333
Total Market Capitalization:  $7.00M
% of Market Cap. Held by ETFs:  1.55%
 

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March 29, 2024    6:20 AM Eastern
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Strong Buy (4.00 out of 4)
94th percentile
(ranked higher than approx. 94% of all stocks covered)
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