ALPHA PRO TECH, LTD. ANNOUNCES $2 MILLION EXPANSION OF SHARE REPURCHASE PROGRAM
Alpha Pro TechAlpha Pro Tech(US:APT) Newsfilter·2024-04-03 15:30

Core Viewpoint - Alpha Pro Tech, Ltd. has authorized a $2.0 million expansion of its existing share repurchase program, bringing the total available for share repurchase to approximately $2.7 million [1][2]. Company Overview - Alpha Pro Tech, Ltd. is a manufacturer of protective products, including disposable protective apparel and building products, with operations in various locations including Salt Lake City, Utah; Nogales, Arizona; and Valdosta, Georgia [3]. Share Repurchase Program - The company plans to repurchase shares through open market purchases or privately-negotiated transactions, intending to retire all shares purchased [2]. - The repurchase will be conducted in accordance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, with specific conditions on price, volume, and timing [2].