- Franchise Group Inc (NASDAQ:FRG) Board of Directors has approved a stock repurchase program of up to $500 million of its shares over the next three years.
- The actual timing, number, and value of shares, if any, repurchased under the program will be determined by management at its discretion.
- The company held cash and equivalents of $149.6 million as of March 26, 2022.
- Price Action: FRG shares are trading lower by 2.77% at $39.38 on the last check Wednesday.
