Star Equity completes $5M buyback, authorizes new $3M program

Star Equity Holdings Inc. (NASDAQ: STRR) announced it completed a $5 million share repurchase program that was authorized in August 2023. The company's board of directors has approved a new share repurchase program allowing the company to buy back up to $3 million of its outstanding common stock.

The diversified holding company, formerly Hudson Global Inc., changed its name and ticker symbols following a merger completed on August 22, 2025. The company acquired Star Operating Companies Inc. through a merger agreement dated May 21, 2025.

"Today's announcement reflects our continued commitment to enhancing shareholder value and our Board's confidence in the strength of Star's business and long-term growth prospects," said Jeff Eberwein, the company's chief executive officer.

The new repurchase program allows for various methods of buying back shares, including open market transactions, privately negotiated deals, block trades, and accelerated share repurchase transactions. The timing and amount of repurchases will depend on factors such as stock price, market conditions, and corporate considerations. The program does not require the company to purchase any specific number of shares and may be modified or discontinued.

Star Equity operates through four divisions: Building Solutions, which manufactures modular buildings and structural components; Business Services, providing recruitment solutions; Energy Services, handling downhole tools for oil, gas, and mining industries; and Investments, managing real estate and investment positions.

The information is based on a company press release statement.

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