ReposiTrak Stock Price, News & Analysis

ReposiTrak (NYSE: TRAK) is set to integrate 25 new confectionery companies into its ReposiTrak Traceability Network (RTN) ahead of the January 2026 regulatory deadline. These companies will utilize ReposiTrak's hardware-free traceability solutions to comply with FDA requirements by exchanging Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains. Notable additions include three historic manufacturers famous for their candies, chocolates, and mints. CEO Randy Fields emphasized that ReposiTrak facilitates seamless data sharing among suppliers and customers without additional hardware or software, at a low flat fee.

ReposiTrak (NYSE: TRAK) is set to welcome 25 grain and baked goods companies to its traceability network, RTN, ahead of FDA regulatory deadlines. These companies will leverage ReposiTrak's innovative, hardware-free solutions to exchange Key Data Elements (KDEs) for Critical Tracking Events (CTEs) in their supply chains, ensuring compliance by January 2026. Notably, three manufacturers, known for their baked goods, fillings, mixes, pasta, and sauces, will join RTN. ReposiTrak’s system simplifies compliance by allowing suppliers to share required KDEs through a single connection at a low, flat fee.

ReposiTrak has declared a quarterly cash dividend of $0.0165 per share, totaling $0.066 per year. The dividend is payable to shareholders of record on June 28, 2024, with payments expected around August 12, 2024. ReposiTrak is known for its food traceability and regulatory compliance network, supported by inventory management and out-of-stock reduction SaaS platform.

ReposiTrak (NYSE:TRAK), the leading food traceability and regulatory compliance network, is set to incorporate 25 new meat and seafood companies into its ReposiTrak Traceability Network® (RTN). These companies will exchange FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring compliance ahead of the January 2026 deadline. The new members include a prominent Florida-based importer, exporter, manufacturer, and distributor of frozen seafood and meat products, a global leader in vertically integrated protein companies, and a large Illinois-based importer and producer of various seafood. The RTN offers a hardware-free solution, allowing suppliers to connect with numerous trading partners for a flat fee. Chairman and CEO Randy Fields highlighted the network's expanding capabilities to meet the rising demands of traceability requirements beyond FDA mandates.

ReposiTrak (NYSE: TRAK), a leader in food traceability and regulatory compliance, has expanded its network by onboarding a major retailer. This addition brings hundreds of retail locations and suppliers into the ReposiTrak Traceability Network (RTN), strengthening its position as the largest traceability network globally. The retailer and its suppliers will use RTN to meet FDA's Key Data Elements requirements before the January 2026 deadline. This integration enhances efficiency and compliance while allowing suppliers to share data across the network at no added cost. The RTN is free for retailers and wholesalers, and suppliers incur a nominal fee per facility without needing extra hardware or software.

ReposiTrak (NYSE: TRAK) is set to welcome 25 new produce companies to its Traceability Network®. This move is in response to the FDA's upcoming regulatory deadlines for Key Data Elements (KDEs) in supply chains. Among the new entrants are three notable companies, one known for its diverse produce brands, another for its seasonally managed farms across the U.S., and a third with a legacy dating back to the 1860s. The ReposiTrak platform, which doesn't require additional hardware or software, allows suppliers to share traceability data with all their customers for a flat fee. This expansion supports proactive compliance ahead of the January 2026 deadline.

ReposiTrak (NYSE: TRAK), a leader in food traceability and regulatory compliance, has announced the addition of a major retailer to its ReposiTrak Traceability Network® (RTN). The retailer will incorporate over 150 stores and 600 suppliers, enhancing RTN's capacity to manage FDA-required Key Data Elements (KDEs) for thousands of suppliers. This integration aims to streamline compliance and improve efficiency, particularly in preparation for the January 2026 FSMA 204 deadline. The RTN's expansion solidifies its global role in food safety and traceability. Chairman and CEO Randy Fields highlighted the network’s capacity to manage the entire implementation process, optimizing supplier onboarding and ensuring FSMA 204 compliance. RTN is free for retailers and wholesalers, with suppliers paying a nominal fee per facility to connect with multiple network customers.

ReposiTrak (NYSE: TRAK), a leading food traceability and regulatory compliance network, will join the Russell 3000® Index following the annual reconstitution on July 1, 2024. This inclusion reflects the company's growth and financial progress. ReposiTrak's market capitalization on April 30, 2024, qualified it among the 4,000 largest US stocks. Being part of the Russell 3000® Index for one year also ensures a place in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index. This move is expected to enhance trading liquidity and awareness among institutional investors. The Russell Indexes, used widely by investment managers, benchmark around $10.5 trillion in assets.

ReposiTrak has announced the addition of 25 new produce companies to its ReposiTrak Traceability Network (RTN), aiming to ensure compliance with FSMA 204. The RTN, a cloud-based solution, facilitates the exchange of FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) without the need for additional hardware or software. The new members include fruit growers, vegetable producers, and organic farms, some with over a century of history. This move aims to help suppliers meet the January 2026 compliance deadline while maintaining high standards of quality and traceability. Randy Fields, CEO of ReposiTrak, emphasized that the RTN allows suppliers to seamlessly share traceability data with retail and wholesale customers at a low, flat fee.