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Greystone Logistics Shares Information on Stock Buybacks

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Greystone Logistics (OTCQB: GLGI), a manufacturer of recycled plastic pallets, has successfully completed its share buyback program with the repurchase of 1 million shares. The company's board of directors is evaluating the possibility of increasing the buyback amount in the future.

CEO Warren Kruger emphasized the company's commitment to maximizing shareholder value through this strategic initiative. The buyback completion reflects management's confidence in Greystone's future growth prospects and financial performance.

Greystone Logistics (OTCQB: GLGI), produttore di pallet in plastica riciclata, ha completato con successo il suo programma di riacquisto di azioni con l'acquisto di 1 milione di azioni. Il consiglio di amministrazione sta valutando la possibilità di aumentare l'importo del riacquisto in futuro.

Il CEO Warren Kruger ha sottolineato l'impegno dell'azienda nel massimizzare il valore per gli azionisti attraverso questa iniziativa strategica. Il completamento del riacquisto riflette la fiducia del management nelle prospettive di crescita e nelle performance finanziarie future di Greystone.

Greystone Logistics (OTCQB: GLGI), fabricante de pallets de plástico reciclado, ha completado con éxito su programa de recompra de acciones con la adquisición de 1 millón de acciones. La junta directiva está evaluando la posibilidad de aumentar el monto de la recompra en el futuro.

El CEO Warren Kruger destacó el compromiso de la empresa de maximizar el valor para los accionistas a través de esta iniciativa estratégica. La finalización de la recompra refleja la confianza de la dirección en las perspectivas de crecimiento y el desempeño financiero futuro de Greystone.

Greystone Logistics (OTCQB: GLGI)는 재활용 플라스틱 팔레트 제조업체로서 100만 주의 자사주 매입 프로그램을 성공적으로 완료했습니다. 회사 이사회는 향후 매입 규모 확대 가능성을 검토 중입니다.

CEO 워렌 크루거는 이번 전략적 이니셔티브를 통해 주주 가치를 극대화하겠다는 회사의 의지를 강조했습니다. 자사주 매입 완료는 그레이스톤의 미래 성장 전망과 재무 성과에 대한 경영진의 신뢰를 반영합니다.

Greystone Logistics (OTCQB : GLGI), fabricant de palettes en plastique recyclé, a mené à bien son programme de rachat d’actions avec le rachat de 1 million d’actions. Le conseil d’administration envisage la possibilité d’augmenter le montant du rachat à l’avenir.

Le PDG Warren Kruger a souligné l’engagement de l’entreprise à maximiser la valeur pour les actionnaires grâce à cette initiative stratégique. L’achèvement du rachat reflète la confiance de la direction dans les perspectives de croissance et la performance financière futures de Greystone.

Greystone Logistics (OTCQB: GLGI), ein Hersteller von recycelten Kunststoffpaletten, hat sein Aktienrückkaufprogramm erfolgreich mit dem Rückkauf von 1 Million Aktien abgeschlossen. Der Vorstand prüft die Möglichkeit, das Rückkaufvolumen in Zukunft zu erhöhen.

CEO Warren Kruger betonte das Engagement des Unternehmens, den Aktionärswert durch diese strategische Maßnahme zu maximieren. Der Abschluss des Rückkaufs spiegelt das Vertrauen des Managements in die zukünftigen Wachstumsaussichten und die finanzielle Leistungsfähigkeit von Greystone wider.

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TULSA, Okla., July 02, 2025 (GLOBE NEWSWIRE) -- Greystone Logistics, Inc. (OTCQB: GLGI), a leading manufacturer of 100% recycled plastic pallets, is pleased to announce the successful completion of its previously authorized share buyback program, which involved the repurchase of 1 million shares.

This strategic decision was made to enhance shareholder value and reflects the company’s confident outlook for its future growth and performance. The board of directors is currently evaluating the potential to increase this buyback amount in the future, ensuring that all actions taken remain in the best interest of the shareholders.

"We are committed to maximizing shareholder value, and the completion of this buyback program underscores our dedication to that goal," said Warren Kruger, CEO of Greystone Logistics. "As we move forward, we will continue to assess opportunities to further enhance our financial position and deliver value to our shareholders."

Greystone Logistics remains focused on its core mission to provide exceptional logistics solutions while maintaining a strong commitment to its investors. The company looks forward to updating shareholders on future initiatives and strategies.

About Greystone Logistics

Greystone Logistics is a “green” manufacturing company focused on sustainability. The company reprocesses recycled plastic and designs, manufactures and sells high-quality 100% recycled plastic pallets that provide logistical solutions for a wide range of industries such as the food and beverage, automotive, chemical, pharmaceutical and consumer products. The Company’s technology, including a proprietary blend of recycled plastic resins used in the injection molding equipment, extrusion lines and patented pallet designs, allows production of high-quality pallets more rapidly and at a lower cost than many other processes. The recycled plastic for Greystone’s pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. Simplot, Omaha Steaks, Corning, Walmart, MillerCoors, iGPS, Sutter Home Wines, Diageo and many others have utilized recycled Greystone plastic pallets. For more information about Greystone Logistics and its innovative products, please visit www.greystonepallets.com.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contact

Brendan Hopkins
Investor Relations        
Email: investorrelations@greystonelogistics.com
Phone : (407) 645-5295
https://www.greystonepallets.com


FAQ

How many shares did Greystone Logistics (GLGI) repurchase in its buyback program?

Greystone Logistics repurchased 1 million shares in its completed buyback program.

What is the purpose of GLGI's share buyback program?

The buyback program aims to enhance shareholder value and reflects management's confidence in the company's future growth and performance.

Will Greystone Logistics (GLGI) increase its share buyback program?

The board of directors is currently evaluating the potential to increase the buyback amount, with decisions focused on shareholder interests.

Who is the CEO of Greystone Logistics?

Warren Kruger is the CEO of Greystone Logistics.

What does Greystone Logistics manufacture?

Greystone Logistics is a manufacturer of 100% recycled plastic pallets.
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