WidePoint Shares Climb After Restoring Buyback Plan

WidePoint Shares Climb After Restoring Buyback Plan
  • WidePoint Corp WYY reinstated its prior share repurchase program.
  • WidePoint can buy back up to $2.1 million shares under the program.
  • The company suspended the program on March 9, 2020, due to the pandemic.
  • WidePoint held $14.9 million in cash and equivalents as of June 30.
  • Price Action: WYY shares traded higher by 3.82% at $5.38 on the last check Monday.
Posted In: BriefsNewsBuybacksMoversTechTrading Ideas