SPAR Group, Inc. (NasdaqCM:SGRP) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 share. The purchase price of shares will not exceed the higher of the current independent bid quotation or the last independent sale price for the Shares.

The repurchased shares will be used for stock based benefits (including option exercises), acquisitions and other corporate purposes. The program will expire on March 28, 2025.