ONE Group Hospitality (STKS) Announces $10 Million Share Repurchase Authorization
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The ONE Group Hospitality Inc. Announces $10 Million Share Repurchase Authorization
September 7, 2022 4:30 PM EDTDENVER--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group or the Company) (Nasdaq: STKS) today announced that its Board of Directors has authorized the commencement of a share repurchase program for up to $10 million of its outstanding common stock.
We have the strategies in place to be a differentiated leader in the upscale and polished casual segments and are highly confident in our long-term growth opportunities, said Emanuel Manny Hilario, President and CEO of The ONE Group. This $10 million repurchase authorization enhances our ability to create value for shareholders and is made possible... More
