The Hackett Group Announces $5 million Increase To Share Repurchase Program Authorization
May 15 2017 - 2:54PM
Business Wire
The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic
advisory and business transformation and technology consulting
firm, announced today that its Board of Directors increased the
authorization under its share repurchase program by an additional
$5 million.
Under the share repurchase plan, The Hackett Group may buy back
shares of its outstanding common stock either on the open market or
through privately negotiated transactions subject to market
conditions and trading restrictions. This share repurchase program
does not obligate the company to repurchase any shares and may be
modified, suspended, or terminated by the company at any time.
About The Hackett Group
The Hackett Group (NASDAQ: HCKT) is an intellectual
property-based strategic consultancy and leading enterprise
benchmarking and best practices implementation firm to global
companies, offering digital transformation and enterprise
application approaches including robotic process automation and
cloud computing. Services include business
transformation, enterprise performance
management, working capital management and global
business services. The Hackett Group also provides dedicated
expertise in business strategy, operations, finance, human capital
management, strategic sourcing, procurement and information
technology, including its award-winning Oracle EPM and SAP
practices.
The Hackett Group has completed more than 13,000 benchmarking
studies with major corporations and government agencies, including
93% of the Dow Jones Industrials, 87% of the Fortune 100, 87% of
the DAX 30 and 58% of the FTSE 100. These studies drive its Best
Practice Intelligence Center™ which includes the firm's
benchmarking metrics, best practices repository and best practice
configuration guides and process flows, which enable The Hackett
Group’s clients and partners to achieve world-class
performance.
More information on The Hackett Group is available
at: www.thehackettgroup.com,info@thehackettgroup.com, or by
calling (770) 225-3600.
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version on businesswire.com: http://www.businesswire.com/news/home/20170515006478/en/
The Hackett Group, Inc.Robert A. Ramirez, CFO,
305-375-8005rramirez@thehackettgroup.com
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