Business
ReposiTrak Board Authorizes $2 Million Resumption of 10B5-1 Share Repurchase Program
SALT LAKE CITY, December 04, 2025--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.
About this update from Repositrak, Inc.
[{"type":"text","content":"SALT LAKE CITY, December 04, 2025--(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.","length":416,"tagName":"p"},{"type":"text","content":"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.","length":422,"tagName":"p"},{"type":"text","content":"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.","length":236,"tagName":"p"},{"type":"text","content":"About ReposiTrak","length":16,"tagName":"p"},{"type":"text","content":"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.","length":551,"tagName":"p"},{"type":"text","content":"Forward-Looking Statement","length":25,"tagName":"p"},{"type":"text","content":"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," "proje...