Tranche Update on ScanSource, Inc.'s Equity Buyback Plan announced on August 24, 2021.
May 09, 2023 at 08:39 am EDT
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From January 1, 2023 to March 31, 2023, the company has repurchased 356,469 shares, representing 1.41% for $10.91 million. With this, the company has completed the repurchase of 906,663 shares, representing 3.56% for $29.1 million under the buyback announced on August 24, 2021.
ScanSource, Inc. is a hybrid distributor connecting devices to partners across hardware, software-as-a-service (SaaS), connectivity and cloud. The Company provides technology solutions and services from suppliers of mobility, barcode, point-of-sale (POS), payments, physical security and networking, communications and collaboration, connectivity and cloud services. It segments include Specialty Technology Solutions and Modern Communications & Cloud. Its Specialty Technology Solutions segment includes enterprise mobile computing, data capture, barcode printing, POS, payments, networking, electronic physical security, cyber security and other technologies. Its Modern Communications & Cloud segment includes communications technologies and services for voice, video conferencing, wireless, data networking, cyber security, cable, unified communications and collaboration, cloud and technology services. Its segments operate in the United States, Canada, Brazil and the United Kingdom.
SCANSOURCE, INC. 
