Kforce (NYSE: KFRC) sets Rule 10b5-1 plan for stock repurchases
Rhea-AI Filing Summary
Kforce Inc. entered into a corporate stock trading plan to repurchase its outstanding common stock under the share repurchase program authorized by its Board of Directors. The plan is structured to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
The plan permits repurchases of Kforce common stock beginning no earlier than December 16, 2025 and continuing through February 4, 2026. These repurchases will be carried out by an independent broker and are subject to price, market, volume and timing constraints specified in the plan.
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FAQ
What did Kforce Inc. (KFRC) announce regarding its common stock?
Kforce Inc. disclosed that it entered into a corporate stock trading plan for the purpose of repurchasing its outstanding common stock under a share repurchase program authorized by its Board of Directors.
When will Kforce's new stock repurchase plan be in effect?
The plan allows Kforce to repurchase shares of its common stock beginning no earlier than December 16, 2025 and continuing through February 4, 2026.
Under what regulatory framework is Kforce's trading plan established?
The trading plan is designed in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Who will execute Kforce's share repurchases under the plan?
Repurchases of Kforce common stock under the plan will be administered and executed by an independent broker.
What constraints apply to Kforce's stock repurchases in this plan?
Repurchases under the plan are subject to specific price, market, volume and timing constraints that are set out in the plan itself.
