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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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.
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