The Hackett Group Inc. buys back 2,000,000 shares at $20.00 each for approximately $40 million

Reuters
2025.12.05 13:01
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The Hackett Group Inc. announced a stock buyback of 2,000,000 shares at $20 each, totaling approximately $40 million. This represents about 7.37% of its outstanding shares. The final number of shares will be confirmed post the guaranteed delivery period. The announcement was made via Business Wire on December 5, 2025.

The Hackett Group Inc. announced the preliminary results of its modified Dutch auction tender offer to purchase up to $40 million in value of its common stock. Based on preliminary results, Hackett expects to accept for purchase 2,000,000 shares of its common stock at a purchase price of $20.00 per share, representing approximately 7.37 percent of its currently issued and outstanding shares. The aggregate cost is approximately $40 million, excluding fees and expenses. The final number of shares to be purchased will be confirmed after the guaranteed delivery period. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Hackett Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205421976) on December 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)