By Stephen Nakrosis
HireRight Holdings on Thursday said its board authorized a $25 million share repurchase program.
The new program follows a $100 million share buyback plan which was announced in November, and completed on Thursday, June 22. That program saw the provider of background screening services buy a 9.3 million shares at an estimated average price of $10.80 each.
HireRight has a $786.37 million market cap, 73.84 million shares outstanding and a public float of 15.57 million shares.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
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