Company: HGBL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000950170-25-104951
Chunk: 10

Company: Heritage Global Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 10
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 subsequent interim period or for the entire year ending December 31, 2025. The accompanying condensed consolidated balance sheet as of December 31, 2024 has been derived from the audited consolidated balance sheet as of December 31, 2024, contained in the Company’s Form 10-K.  Repurchase ProgramThe Company’s Board of Directors previously authorized a share repurchase program (“Repurchase Program”), which permitted the Company to purchase up to an aggregate of $6.0 million in common shares over a three year period ended on June 30, 2025. The Company repurchased 744,424 shares in the open market for a purchase price of approximately $1.6 million during the three months ended June 30, 2025. The Repurchase Program ended on June 30, 2025, with the Company utilizing approximately $5.6 million of the authorized $6.0 million for the repurchase of 2,897,658 common shares in the open market.