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Tandy Leather Factory Approves $5 Million Repurchase Program; Shares Rise
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Tandy Leather Factory Approves $5 Million Repurchase Program; Shares Rise
Sep 19, 2024 10:10 PM

11:33 AM EDT, 09/19/2024 (MT Newswires) -- Tandy Leather Factory ( TLF ) said Thursday its board approved a new $5 million share repurchase program.

Under the program, the company may buy back its common shares in open market transactions by Sept. 30, 2026, according to a filing with the US Securities and Exchange Commission.

Tandy Leather shares were up nearly 3% in recent trading.

Price: 4.13, Change: +0.12, Percent Change: +2.87

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