InTEST Corporation renews $10M stock repurchase plan, confident in long-term growth

From Nasdaq: 2025-03-07 19:34:57

inTEST Corporation (INTT) has renewed its $10 million stock repurchase plan, with $9 million still available for stock repurchases through November 2024. CEO Nick Grant expressed confidence in the company’s long-term growth and market reach. As of October 31, 2024, inTEST had 12.4 million outstanding shares. INTT closed at $7.79, 4.06% lower, but after market hours closed at $8, 2.7% higher on the NYSE. The company can suspend or discontinue the repurchase program at any time, serving as a capital management strategy.



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