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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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Company Name:  Sterling Check Corp
Stock buyback:  STER buyback
Website:  www.sterlingcheck.com
Sector:  Information Technology Services
Number of ETFs Holding STER:  23
Total Market Value Held by ETFs:  $57.92M
Total Market Capitalization:  $1.41B
% of Market Cap. Held by ETFs:  4.11%
 

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May 3, 2024    1:50 AM Eastern
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Hold (2.36 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
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