Arko corp. increases its original share repurchase program from $50 million to $100 million as arko continues to have strong fundamentals, liquidity, and growth prospects

Richmond, va., may 16, 2023 (globe newswire) -- arko corp. (nasdaq: arko) (“arko” or the “company”), a fortune 500 company and one of the largest convenience store operators in the united states, today announced that its board of directors increased the company's previously authorized share repurchase program by an additional $50 million. the company now has availability to repurchase up to an aggregate amount of approximately $59 million of the company's outstanding shares of common stock under this newly expanded repurchase plan.
ARKO Ratings Summary
ARKO Quant Ranking