Superior Group of Companies Declares Regular Quarterly Cash Dividend and Approves Stock Repurchase Program
May 03 2019 - 1:00PM
The Board of Directors of Superior Group of Companies, Inc.
(NASDAQ: SGC) today declared a quarterly dividend of $0.10 per
share, payable May 29, 2019, to shareholders of record as of May
15, 2019. Additionally, the Board of Directors has approved a stock
repurchase program today authorizing the repurchase of up to
750,000 shares of the Company’s common stock from time to time.
“We continually seek options to create long-term
shareholder value. While our first priority is continuing to
invest our cash flow into our business, we believe that maintaining
the flexibility to repurchase our shares under a stock repurchase
program provides us with an additional tool to enhance shareholder
value”, said Michael Attinella, Chief Financial Officer.
About Superior Group of Companies, Inc.
(SGC):
Superior Group of Companies™, formerly Superior
Uniform Group, established in 1920, is a combination of companies
that help customers unlock the power of their brands by creating
extraordinary brand experiences for employees and customers. It
provides customized support for each of its divisions through its
shared services model.
Fashion Seal Healthcare®, HPI™ and CID Resources
are signature uniform brands of Superior Group of Companies. Each
is one of America’s leading providers of uniforms and image apparel
in the markets it serves. They specialize in innovative uniform
program design, global manufacturing, and state-of-the-art
distribution. Every day, more than 6 million Americans go to work
wearing a uniform from Superior Group of Companies.
BAMKO®, Tangerine Promotions® and Public
Identity® are signature promotional products and branded
merchandise brands of Superior Group of Companies. They provide
unique custom branding, design, sourcing, and marketing solutions
to some of the world’s most successful brands.
The Office Gurus® is a global provider of custom
call and contact center support. As a true strategic partner, The
Office Gurus implements customized solutions for its customers in
order to accelerate their growth and improve their customers’
service experiences.
SGC’s commitment to service, technology, quality
and value-added benefits, as well as its financial strength and
resources, provides unparalleled support for its customers’ diverse
needs while embracing a “Customer 1st, Every Time!” philosophy and
culture in all of its business segments.
Visit www.superiorgroupofcompanies.com for more information.
Contact:
Michael Attinella
CFO & Treasurer
(727) 803-7170
OR
Hala Elsherbini
Halliburton Investor Relations
(972) 458-8000
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