Verra Mobility Buyback
OLI recorded this information on 5/10/2022
Verra Mobility (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced onMonday, May 9, 2022, that its Board of Directors approved a share repurchase program which authorizes the Company to repurchase up to$125 millionof its Class A common stock over the next twelve months.
Verra Mobility is a provider of smart mobility technology solutions and services throughout the U.S., Australia, Europe and Canada. Co. operates through three segments: Commercial Services, which provides automated toll and violations management and title and registration solutions to rental car companies, fleet management companies and other fleet owners in North America and Europe; Government Solutions, which provides local government agencies with road safety cameras to detect and process traffic violations for red-light, speed, school bus, and city bus lanes; and Parking Solutions, which provides end-to-end commercial parking management solutions in the markets Co. serves.
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Buy (2.67 out of 4)