Sterling Check Corp. Buyback
OLI recorded this information on 11/30/2022
Company: |
Sterling Check Corp. |
Buyback: |
STER buyback |
$Amount Authorized: |
$100,000,000 |
Buyback Details: |
Sterling Check Corp. (NASDAQ: STER) ("Sterling" or "the Company") today announced a $700 million refinancing of the Company's credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives will enhance Sterling's financial position and flexibility by optimizing the Company's capital structure and allocation capacity. |
Sterling Check is engaged in the provision of technology-enabled background and identity verification services. Co. provides hiring and risk management solution with identity verification, criminal background screening, credential verification, drug and health screening, employee onboarding document processing and ongoing risk monitoring.
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