ARC Document Solutions (ARC) Approves $15M Buyback
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ARC Document Solutions Announces Share Repurchase Program
February 8, 2016 4:15 PM ESTWALNUT CREEK, CA -- (Marketwired) -- 02/08/16 -- ARC Document Solutions, Inc. (NYSE: ARC), the nation's leading document solutions provider for the architecture, engineering, and construction (AEC) industry, today announced that its Board of Directors approved a share repurchase program that authorizes the company to purchase up to $15 million of the company's outstanding common stock through December 31, 2017.
"The share repurchase program reflects management's confidence in the business and the future of our new offerings," said K. "Suri" Suriyakumar, Chairman, President and CEO of ARC Document Solutions. "The current disconnect between ARC's share price and... More
