Startek Authorizes $2M Share Buyback Program
Portfolio Pulse from Benzinga Newsdesk
Startek has authorized a $2M share buyback program.

August 10, 2023 | 8:05 pm
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POSITIVE IMPACT
Startek's $2M share buyback program could potentially increase the company's stock price.
Share buyback programs are often seen as a sign of a company's confidence in its own stock, as it's essentially investing in itself. This could potentially lead to an increase in the stock price due to the reduced number of shares in circulation, increasing the earnings per share.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100