LSI Industries (LYTS) Announces $15 Million Share Repurchase Program

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Go back to LSI Industries (LYTS) Announces $15 Million Share Repurchase Program

LSI Industries Announces $15 Million Share Repurchase Program

April 28, 2022 6:15 AM EDT

CINCINNATI--(BUSINESS WIRE)-- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and display solutions, announced today that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $15 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Companys decision to repurchase its shares, as well as the timing of such repurchases, will depend on a variety of factors,... More