DLH Holdings Corp. Buyback
OLI recorded this information on 9/12/2019
Company: |
DLH Holdings Corp. |
Buyback: |
DLHC buyback |
$Amount Authorized: |
$1,000,000 |
Buyback Details: |
DLH Holdings Corp. (NASDAQ: DLHC) ("DLH" or the "Company"), a leading provider of innovative healthcare services and solutions to federal agencies, today announced that the Company's Board of Directors has approved a new plan to repurchase up to $1,000,000 of shares of DLH's common stock. Share repurchases may be made through open market transactions in compliance with Securities and Exchange Commission Rule 10b-18, privately negotiated transactions, or other means. The Company did not set an expiration date for this plan. Any repurchase activity will depend on factors such as the Company's working capital needs, applicable legal requirements, economic and market conditions, and other relevant factors. DLH had 12,036,161 shares of common stock outstanding as of September 1, 2019. |
DLH Holdings is a holding company. Through its subsidiaries, Co. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics. Co. provides services to several agencies including the Department of Veterans Affairs, Department of Health and Human Services (HHS), Department of Defense, and Department of Homeland Security (DHS). Co. has three market focus areas: Defense and Veteran Health Solutions, which provides healthcare, technology, and logistics solutions; Human Solutions and Services, which provides a range of services and solutions to HHS, DHS and the Department of State; and Public Health and Life Sciences.
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