Harte Hanks Buyback
OLI recorded this information on 8/28/2014
Harte Hanks (NYSE: HHS) today announced that it intends to purchase up to $20 million of its common stock in a new stock repurchase program. Chief Executive Officer Robert Philpott noted, "We are now delivering on our new strategy unveiled in May by taking a balanced approach to deploying our capital resources. In addition to investments and acquisitions for our Customer Interaction and Trillium Software businesses, we intend to continue to support our stockholders through both dividends and share repurchases."
Harte Hanks is a purveyor of data-driven, omni-channel marketing and customer relationship solutions and logistics. Co. provides capabilities and resources to provide a range of marketing services, including: Agency, which provides customer engagement solutions focusing on direct and digital communications for both consumer and business-to-business markets; Database Marketing Solutions, which delivers marketing database solutions across various industries and provides communication solutions; Direct Mail, which acts as a direct marketing provider and a mailing partner of the U.S. Postal Service; and Logistics, which is a provider of third-party logistics and freight optimization in the U.S.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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