Greystone Logistics, Inc. announced on July 2, 2025, the successful completion of its previously authorized share buyback program. The program involved the repurchase of 1 million shares of common stock, a strategic decision aimed at enhancing shareholder value.
CEO Warren Kruger stated that the completion of this buyback program underscores the company's dedication to maximizing shareholder value. He affirmed the company's commitment to assessing future opportunities to further enhance its financial position.
The board of directors is currently evaluating the potential to increase this buyback amount in the future. This reflects the company's confident outlook for its future growth and performance, ensuring actions remain in the best interest of shareholders.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.