ReposiTrak Board Authorizes $2 Million Resumption of 10B5-1 Share Repurchase Program
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
buybacks
Key Terms
10b5-1 share repurchase programregulatory
A 10b5-1 share repurchase program is a pre-arranged plan that allows a company to buy back its own shares over time, according to set rules. It helps prevent accusations of insider trading by ensuring purchases are made automatically and transparently, even if executives have inside information. For investors, it signals confidence in the company’s future and can support the stock’s price.
10b5-1 programregulatory
A 10b5-1 program is a preplanned schedule that allows corporate executives, directors or employees to buy or sell company stock at set times regardless of later access to nonpublic information, under a specific SEC rule. Think of it like an automatic thermostat for trading: it creates predictable, rule-based transactions that help reduce insider-trading concerns and give investors clearer signals, though investors still watch plan timing and size for insight into insider confidence.
pre-arranged trading planfinancial
A pre-arranged trading plan is a set of instructions created in advance that specifies how and when an investor will buy or sell securities. It helps ensure that trades are made in a planned, transparent way, reducing the risk of making impulsive decisions or trading based on inside information. This plan provides a clear structure, giving investors confidence that their trades follow their original intentions, even if market conditions change.
capital allocation strategyfinancial
A capital allocation strategy is a plan for deciding how a company distributes its financial resources among various needs, such as investing in growth, paying dividends, or reducing debt. For investors, it signals how effectively a company manages its money to create value and sustain long-term success, much like a person deciding how to divide their budget for savings, expenses, and investments.
preferred sharesfinancial
Preferred shares are a type of investment that gives investors priority over common shareholders when it comes to receiving dividends and getting their money back if a company is sold or liquidated. Think of them as a safer, more predictable way to earn income from a company's profits, similar to a fixed-return investment, but without voting rights. This makes preferred shares appealing to those seeking stable income with a higher claim on assets than regular stockholders.
cash dividendfinancial
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
SALT LAKE CITY--(BUSINESS WIRE)--
ReposiTrak (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced that its Board of Directors has approved a new 10B5-1 share repurchase program, authorizing the repurchase of up to $2 million of the Company's common stock.
This 10B5-1 is included in the previously approved share repurchase program of up to $21 million, of which $7.6 million remains to be repurchased under the current authorization effective December 1, 2025. A 10B5-1 program is a pre-arranged trading plan that enables the Company to repurchase shares based on pre-defined criteria, avoiding concerns about repurchases when a traditional repurchase plan would be restricted.
The 10B5-1 reflects a furtherance of ReposiTrak’s capital allocation strategy, facilitating the repurchase and retirement of common shares, in addition to the ongoing initiatives of redeeming preferred shares and paying a cash dividend.
About ReposiTrak
ReposiTrak (NYSE: TRAK) provides retailers, suppliers, food manufacturers and wholesalers with a robust solution suite to help reduce risk and remain in compliance with regulatory requirements, enhance operational controls and increase sales with unrivaled brand protection. Consisting of three product families – food traceability, compliance and risk management and supply chain solutions – ReposiTrak’s integrated, cloud-based applications are supported by an unparalleled team of experts. For more information, please visit https://repositrak.com.
Forward-Looking Statement
Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if", "should" and "will" and similar expressions as they relate to ReposiTrak Inc. are intended to identify such forward-looking statements. ReposiTrak may from time-to-time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in our annual report on Form 10-K, our quarterly report on Form 10-Q, and our other reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
