UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events.
On September 13, 2024, Heritage Global Inc. (the “Company”)’s Board of Directors approved an amendment to the Company’s existing share repurchase program (the “Repurchase Program”) to (i) increase the authorized aggregate amounts of shares of the Company’s common stock the Company may repurchase from $4.0 million to $6.0 million and (ii) extend the term of the Repurchase Program from May 4, 2025 to June 30, 2025. Under the Repurchase Program, the Company may repurchase shares in open market transactions, privately negotiated transactions or through a series of forward purchase agreements, option contracts or similar agreements, including Rule 10b5-1 trading plans, subject to business opportunities and other factors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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HERITAGE GLOBAL INC. |
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Date: September 16, 2024 |
By: |
/s/ Ross Dove |
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Ross Dove |
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Chief Executive Officer |