Business Wire News

Perma-Pipe International Holdings, Inc. Announces the Cancellation of Treasury Stock

NILES, Ill.--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today that on July 26, 2022, it cancelled 239,168 shares of treasury stock representing all the treasury shares held by the Company on that date. On October 4, 2021, the Board of Directors authorized a $3.0 million, 12-month stock repurchase program. Currently, $965 thousand of the initial $3.0 million remains available for future purchases.



Contacts

Perma-Pipe International Holdings, Inc.
David Mansfield, President and CEO

Perma-Pipe Investor Relations
(847) 929-1200
This email address is being protected from spambots. You need JavaScript enabled to view it.


Read Article On Business Wire


Author:This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com