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Stock impact report

ePlus Announces Stock Repurchase Program

ePlus inc. (PLUS) 
Last eplus inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: eplus.com/investors
Company Research Source: GlobeNewswire
HERNDON, Va., May 24, 2019 (GLOBE NEWSWIRE) -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that its board of directors has authorized the Company to repurchase up to 500,000 shares of ePlus’ outstanding common stock over a 12-month period commencing May 28, 2019. The Company’s former repurchase plan expires May 27, 2019. ePlus had approximately 13.6 million shares of common stock outstanding as of May 20, 2019. The purchases may be made from time to time in the open market, or in privately negotiated transactions, subject to availability. Any repurchased shares will have the status of treasury shares and may be used, if and when needed, for general corporate purposes. ePlus has no obligation to repurchase shares under the authorization, and the timing, actual number and value of the shares which are repurchased will be at the discretion of management and will depend on a number of factors, including the price of the Company's common stock. The Company may suspend or discon Show less Read more
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