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Stock impact report

Kelly Announces Share Repurchase Authorization

Kelly Services, Inc. - Class A (KELYA) 
Last kelly services, inc. - class a earnings: 2/13 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kellyservices.com/investor-relations
Company Research Source: GlobeNewswire
TROY, Mich., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced that on November 26, 2024, the Company’s board of directors approved a share repurchase program authorizing it to purchase up to an aggregate of $50 million of its Class A common stock. The authorization expires on December 2, 2026. “An active share repurchase authorization is an important mechanism that enables Kelly to opportunistically return capital to our shareholders,” said Peter Quigley, president and chief executive officer. “It reflects our unwavering confidence in Kelly’s strategy through which we have monetized non-core assets, redeployed capital toward organic and inorganic investments in higher-margin, higher-growth specialties, delivered significant EBITDA margin expansion, and achieved above-market growth. With clear capital allocation priorities underpinned by a strong balance sheet, we are well positioned to return capit Show less Read more
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