Hackett Group, Inc. (HCKT) Approves Additional $5M Buyback

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The Hackett Group Announces $5 Million Increase To Share Repurchase Program Authorization

May 12, 2016 4:33 PM EDT

MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm, today announced that its Board of Directors increased the authorization under its share repurchase program by an additional $5 million. As of Tuesday, May 10, 2016, the company had approximately $3.1 million available under the Companys share repurchase program.

Under the share repurchase plan, The Hackett Group may buy back shares of its outstanding common stock either on the open market or through privately negotiated transactions subject to market conditions and trading... More