1847 Holdings Regains Compliance With NYSE American Continued Listing Standards
Portfolio Pulse from Benzinga Newsdesk
1847 Holdings LLC (NYSE:EFSH) has regained compliance with the NYSE American's continued listing standards. The company is on track to achieve $90 million in sales in 2023 and its cash flow continues to improve. This could allow the company to resume dividends and potentially repurchase stock in the future, subject to establishing a stock buyback plan and future market conditions.
October 03, 2023 | 12:10 pm
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POSITIVE IMPACT
1847 Holdings LLC's regained compliance with NYSE listing standards and improved financial performance could lead to future dividends and stock repurchase.
Regaining compliance with NYSE listing standards is a positive signal for the company's financial health. The company's improved financial performance and potential for future dividends and stock repurchase could attract investors, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100