Tranche Update on RCM Technologies, Inc.'s Equity Buyback Plan announced on May 10, 2023.
November 09, 2023 at 04:17 pm EST
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From July 2, 2023 to September 30, 2023, the company has repurchased 178,428 shares, representing 2.25% for $3.38 million. With this, the company has completed the repurchase of 608,684 shares, representing 7.11% for $10.06 million under the buyback announced on May 10, 2023.
RCM Technologies, Inc. is a business and technology solutions provider through the deployment of engineering, specialty health care and information technology services. The Company operates through three segments: Specialty Health Care, Engineering, and Life Sciences and Information Technology services (LS&IT). The Specialty Health Care segment provides staffing solutions including medical health care professionals, health information management professionals, nurses, paraprofessionals, physicians, and therapists. The Engineering segment provides a comprehensive portfolio of engineering and design services across three verticals: energy services, process and industrial and aerospace. The LS&IT segment provides enterprise business solutions, application services, IT infrastructure solutions, life sciences solutions and other vertical-specific offerings. This segment also includes data solutions, digitization, recruiting process outsourcing, human capital management solutions, and more.