Coffee Holding Co., Inc. Announces Share Repurchase Program
Coffee Holding Co.’s board approved a share repurchase program allowing the company to repurchase up to $2.5 million of its outstanding common stock through open-market and privately negotiated transactions. The company expects to fund repurchases with available cash and future operating cash flow.
Why it matters — JVA watchers may track the program’s authorization, funding sources, and any repurchases made under it.