ePlus (PLUS) Announces 500K Stock Repurchase Program

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Go back to ePlus (PLUS) Announces 500K Stock Repurchase Program

ePlus Announces Stock Repurchase Program

April 26, 2018 8:33 AM EDT

HERNDON, Va., April 26, 2018 (GLOBE NEWSWIRE) -- ePlus inc. (NASDAQ: PLUS) today announced that its board of directors has authorized the Company to repurchase up to 500,000 shares of ePlus outstanding common stock over a 12-month period commencing May 28, 2018.  The Companys former repurchase plan will expire on August 18, 2018.  ePlus had approximately 13.76 million shares of common stock outstanding as of March 31, 2018.

The purchases may be made from time to time in the open market, or in privately... More