Tranche Update on VerifyMe, Inc.'s Equity Buyback Plan announced on November 17, 2020.
August 15, 2022 at 04:33 pm EDT
Share
From April 1, 2022 to June 30, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 216,945 shares, representing 2.96% for $0.72 million under the buyback announced on November 17, 2020.
VerifyMe, Inc. is a software-driven logistics provider of end-to-end logistics management solutions. The Company operates through two segments: PeriShip Global Solutions and VerifyMe Solutions. The PeriShip Global Solutions segment provides a value-added service for time and temperature-sensitive parcel management driven by a software platform that provides predictive analytics from metrics, such as flight-tracking, weather, and traffic, all delivered to customers via a secure portal. The VerifyMe Solutions segment provides unit level traceability, brand protection, unit level traceability and consumer engagement solutions, allowing brand owners to gather business intelligence, cross-sell products, monitor product diversion through the supply chain and build brand loyalty. It provides real-time information and analysis to mitigate supply chain flow interruption, delivering last-mile resolution for key markets, including the perishable healthcare and food industries.