Spectrum Group International, Inc. (OTCPK:SPGZ) announces a share repurchase program. Under the tender offer, the company will repurchase up to 200 common shares. The shares will be repurchased at a price of $18,000 per share.

If the offer is oversubscribed, the company will prorate the number of shares accepted for payment. The offer will expire on February 15, 2023, unless extended by company. However, if the expiration time is extended and closing of the offer has not occurred by March 17, 2023, shareholders may withdraw their previously tendered common shares.