Precedence Technologies Holdings, Inc. Board of Administrators Approves Share Repurchase Program

ALPHARETTA, Ga.–()–Precedence Technological know-how Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Organization”), a major payments technological know-how corporation encouraging clients obtain, retail store and deliver funds, these days announced that its Board of Directors authorized a share repurchase software underneath which it approved the Organization to repurchase up to $10,000,000 truly worth of shares of its frequent inventory.

“We imagine that Precedence shares are trading perfectly beneath intrinsic benefit and that repurchasing shares of Priority is a excellent use of funds at this time. Whilst we carry on to aim on driving good progress, strategic M&A and paying out down credit card debt, we consider that repurchasing our shares is an additional action toward enhancing shareholder returns,” stated Tom Priore, Precedence Chairman and Main Executive Officer. “The Board’s choice to approve a new share repurchase system displays continued self esteem in the power of our money situation, the sustainability of our organization and the endorsement of our method relocating ahead.”

Repurchases may well be made at management’s discretion from time to time on the open industry, by way of privately negotiated transactions and through 10b5-1 plans. The repurchase plan has no time limit and may perhaps be suspended for intervals, amended or discontinued at any time. Any shares acquired will be offered for common company functions.

About Priority Technologies Holdings, Inc.

Precedence is a leading provider of merchant getting, integrated payment software program and business payment remedies, supplying unique products and company capabilities to its merchant network and distribution companions. Priority’s company operates from a intent-constructed small business platform that contains tailored shopper service offerings and bespoke technologies progress, allowing for the Business to give conclude-to-conclusion answers for payment and payment-adjacent opportunities. Additional information can be uncovered at

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