Gee group adopts rule 10b5-1 stock trading plan for share repurchases

Jacksonville, fl / accesswire / august 15, 2023 / gee group inc. (nyse american:job) together with its subsidiaries (collectively referred to as the "company", "gee group", "gee", "us", "our", or "we"), a provider of professional staffing services and human resource solutions, today announced that the company has entered into a rule 10b5-1 stock trading plan (the "plan") to facilitate the repurchase of the company's currently outstanding shares of common stock, no par value (the "common stock") in tandem with its recently authorized $20 million share repurchase program. rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under the insider trading laws or because of self-imposed blackout periods, provided, among other considerations, that repurchases are made pursuant to a plan adopted when the company is not aware of material nonpublic information or is not otherwise prohibited from acquiring its own shares.
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