First Advantage Extends Existing Share Repurchase Authorization Through 2024
ATLANTA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading global provider of employment background screening and verification solutions, today announced that its Board of Directors has approved a one-year extension of its share repurchase authorization, extending the existing $200 million authorization through December 31, 2024. "The extension of our share repurchase program reflects our confidence in the trajectory of our business as we continue to execute against our strategic priorities," said Scott Staples, First Advantage's Chief Executive Officer. "We continue to generate strong cash flow and maintain a healthy balance sheet. We remain committe