Tranche Update on ARC Document Solutions, Inc.'s Equity Buyback Plan announced on May 6, 2019.
February 23, 2021 at 04:12 pm EST
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From October 1, 2020 to December 31, 2020, the company has repurchased 581,000 shares, representing 1.32% for $0.8 million. With this, the company has completed the repurchase of 3,865,000 shares, representing 8.54% for $5.09 million under the buyback announced on May 6, 2019.
ARC Document Solutions, Inc. is a provider of digital printing and document-related services. It also provides other digital printing and scanning services to a variety of industries all over North America and in select markets around the world. Its primary services are digital printing of general and specialized business documents, such as those found in marketing and advertising, engineering and construction and other industries, as well as producing customized display graphics of all types and sizes; acquiring, placing and managing office printing equipment with device tracking and print management software at its customerâs offices and job sites; scanning documents, indexing them and adding digital search features for use in digital document management, document archives and facilities management, as well as providing other digital imaging services; and reselling digital printing equipment and supplies. Its products and services are available from each of its service centers.