LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE–Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that it currently anticipates utilizing the stock repurchase program (the “Repurchase Program”) that was previously authorized by its Board of Directors (the “Board”) in December 2021. The Repurchase Program would start no earlier than two business days after the filing of the Company’s Form 10-Q for the quarter ending March 31, 2024.
Under the Repurchase Program, the Board authorized the Company to repurchase up to $50 million of common stock, which repurchases may be made on a discretionary basis from time to time through a variety of methods, including open market repurchases. The Company intends to enact a trading plan (the “Rule 10b5-1 Plan”) for the repurchases in compliance with the Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the rules of the Un
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