RADIANT LOGISTICS ANNOUNCES RENEWAL OF ITS STOCK REPURCHASE PROGRAM
RadiantRadiant(US:RLGT) Prnewswire·2025-11-17 21:05

Core Viewpoint - Radiant Logistics, Inc. has authorized a share repurchase program for up to five million shares, reflecting the company's belief that its current share price does not adequately represent its long-term growth prospects [1][3]. Summary by Sections Share Repurchase Program - The board of directors has approved the repurchase of up to five million shares of common stock through December 31, 2027, with 46,873,197 shares outstanding as of November 14, 2025 [1]. - Repurchases may occur through open market purchases or privately negotiated transactions, funded by existing cash balances, cash from the revolving credit facility, and future cash flows [2]. - The program allows for discretion in timing and number of shares repurchased, influenced by market conditions and other economic factors [2]. Management's Perspective - The CEO, Bohn Crain, stated that the share repurchase could represent an excellent investment opportunity for both the company and its shareholders, given the perceived undervaluation of the stock [3].