Tranche Update on TrueBlue, Inc.'s Equity Buyback Plan announced on October 28, 2019.
July 25, 2022 at 04:14 pm EDT
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From March 28, 2022 to May 22, 2022, the company has repurchased 487,183 shares, representing 1.45% for $13.81 million. With this, the company has completed the repurchase of 5,295,961 shares, representing 14.53% for $100 million under the buyback announced on October 28, 2019.
TrueBlue, Inc. is a provider of specialized workforce solutions. It operates through three segments: PeopleReady, PeopleScout and PeopleManagement. The PeopleReady segment provides on-demand and skilled labor in a range of industries, such as construction, transportation, manufacturing, retail, hospitality, and renewable energy. The PeopleScout segment provides permanent employee recruitment process outsourcing, employer branding services and management of outsourced labor service providers through the operating segments: PeopleScout Recruitment Process Outsourcing (RPO), which outsources recruitment of permanent employees on behalf of clients and employer branding services; and PeopleScout managed service provider (MSP), which manages multiple third-party staffing vendors on behalf of clients. It also provides talent advisory solutions. The PeopleManagement segment offers contingent, on-site industrial staffing and commercial driver services primarily on-site at the clientâs facility.
TRUEBLUE, INC. 
