Stock BuybacksBy The Online Investor Staff, updated Mon., Jan. 24, 12:50 PM
|This Slide: #9 of 25|
Slide #9. urban-gro, Inc.
urban-gro, Inc. (NASDAQ:UGRO)
urban-gro, Inc.(Nasdaq: UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture ("CEA") market, today announced that its Board of Directors has authorized an increase of $2 million to the Company's existing stock repurchase program. Under the new authorization, the Company may purchase up to $7 million of shares of the Company's common stock from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission.
Urban-gro is an engineering design services company that integrates environmental equipment systems to create indoor cultivation facilities for the commercial horticulture market. Co.'s service offerings include facility programming, engineering, and design services, start-up facility and equipment commissioning services, facility optimization services, and pest management planning and strategy services. Co.'s cultivation equipment systems and crop management products, include: environmental controls, fertigation, and irrigation distribution systems; freshwater, wastewater, and condensation treatment systems; purpose-built HVAC solutions, and light-emitting diode lighting systems.
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