First Advantage Extends Existing $200M Share Repurchase Authorization Through 2024
Portfolio Pulse from Benzinga Newsdesk
First Advantage has extended its existing $200M share repurchase authorization through 2024.
September 15, 2023 | 12:01 pm
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POSITIVE IMPACT
First Advantage's extension of its $200M share repurchase program through 2024 could potentially boost its stock price.
Share repurchase programs are generally seen as a positive signal by the market as they indicate that the company believes its shares are undervalued. This could potentially lead to an increase in the stock price of First Advantage in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100