ARC Continues Stock Repurchases in Q3 of 2023
ACCESS Newswire
28 Sep 2023, 17:49 GMT+10
SAN RAMON, CA / ACCESSWIRE / September 28, 2023 / ARC Document Solutions, Inc. (NYSE:ARC), a leading provider of visual marketing, digital printing, and document workflow services, today announced that it purchased 303,174 shares of its own stock via open market transactions during the third quarter of 2023. As noted earlier this year in April, ARC's Board of Directors authorized the expansion of the Company's previous $15 million share repurchase program to $20 million through March 2026 to support ARC's commitment to return shareholder value.
The average share price paid by the Company during the third quarter of 2023 was $3.43.ARC's trading window for purchasing its own shares during the period closed on Friday, September 22, 2023.
About ARC Document Solutions (NYSE:ARC)
ARC partners with top brands around the world to tell their stories through visually compelling graphics. We use advanced digital printing technology, sustainable materials, and innovative techniques to bring their vision to life. ARC also provides other digital printing and scanning services to a wide variety of industries all over North America and in select markets around the world. Follow ARC at www.e-arc.com.
Contact Information:
David Stickney
VP Corporate Communications & Investor Relations
925-949-5114
SOURCE: ARC Document Solutions
View source version on accesswire.com:
https://www.accesswire.com/788212/arc-continues-stock-repurchases-in-q3-of-2023
Share
Tweet
Share
Flip
Email
Subscribe and Follow
Get a daily dose of Dallas Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dallas Sun.
More InformationUS sends message by publicizing visa ban on UK punk-rap band
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
Tragedy in Spain: Diogo Jota and his brother die in car accident
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
Early heatwave grips Europe, leaving 8 dead and nations on alert
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
U.S. military, China, Russia in Space race
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
Trump wins $16 million settlement from Paramount over CBS Harris edit
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
British PM faces major party revolt over welfare reforms
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
Meta hires SSI CEO Gross as AI race intensifies among tech giants
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
Engine defect prompts Nissan to recall over 443,000 vehicles
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
Microsoft trims jobs to manage soaring AI infrastructure costs
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
Stocks worldwide struggle to make ground Friday with Wall Street closed
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
Nvidia briefly tops Apple’s record in AI-fueled stock rally
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
ICE raids leave crops rotting in California, farmers fear collapse
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
