The Marketing Alliance Announces Share Repurchase Program
The Marketing Alliance (OTC: MAAL) has announced a significant share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to 800,000 shares of the company's common stock, running from April 2, 2025, through March 31, 2026.
CEO Timothy Klusas indicated that this initiative reflects the company's financial strength and commitment to enhancing shareholder value. The decision came after the Board observed that the company's dividend policy was not adequately reflected in the stock price.
The repurchases may be executed through privately negotiated transactions or open market purchases, including under Rule 10b5-1 and Rule 10b-18. The timing, quantity, and purchase price will be determined by management based on factors such as market price relative to tangible book value, economic conditions, and legal requirements.
L'alleanza di marketing (OTC: MAAL) ha annunciato un significativo programma di riacquisto di azioni autorizzato dal suo Consiglio di Amministrazione. Il programma consente il riacquisto di fino a 800.000 azioni delle azioni ordinarie della società, che si svolgerà dal 2 aprile 2025 al 31 marzo 2026.
Il CEO Timothy Klusas ha indicato che questa iniziativa riflette la solidità finanziaria dell'azienda e il suo impegno a migliorare il valore per gli azionisti. La decisione è stata presa dopo che il Consiglio ha osservato che la politica dei dividendi della società non era adeguatamente riflessa nel prezzo delle azioni.
I riacquisti possono essere effettuati tramite transazioni negoziate privatamente o acquisti nel mercato aperto, inclusi sotto la Regola 10b5-1 e la Regola 10b-18. Il momento, la quantità e il prezzo di acquisto saranno determinati dalla direzione in base a fattori come il prezzo di mercato rispetto al valore contabile tangibile, le condizioni economiche e i requisiti legali.
La Alianza de Marketing (OTC: MAAL) ha anunciado un programa significativo de recompra de acciones autorizado por su Junta Directiva. El programa permite la recompra de hasta 800,000 acciones de las acciones ordinarias de la empresa, que se llevará a cabo desde el 2 de abril de 2025 hasta el 31 de marzo de 2026.
El CEO Timothy Klusas indicó que esta iniciativa refleja la fortaleza financiera de la empresa y su compromiso de aumentar el valor para los accionistas. La decisión se tomó después de que la Junta observó que la política de dividendos de la empresa no estaba adecuadamente reflejada en el precio de las acciones.
Las recompras pueden llevarse a cabo a través de transacciones negociadas de forma privada o compras en el mercado abierto, incluidas bajo la Regla 10b5-1 y la Regla 10b-18. El momento, la cantidad y el precio de compra serán determinados por la dirección en función de factores como el precio de mercado en relación con el valor contable tangible, las condiciones económicas y los requisitos legales.
마케팅 얼라이언스 (OTC: MAAL)가 이사회에서 승인한 중요한 자사주 매입 프로그램을 발표했습니다. 이 프로그램은 800,000주의 보통주 매입을 허용하며, 2025년 4월 2일부터 2026년 3월 31일까지 진행됩니다.
CEO 티모시 클루사스는 이 이니셔티브가 회사의 재무 건전성과 주주 가치를 높이려는 의지를 반영한다고 밝혔습니다. 이 결정은 이사회가 회사의 배당 정책이 주가에 충분히 반영되지 않았음을 관찰한 후 내려졌습니다.
자사주 매입은 개인적으로 협상된 거래 또는 공개 시장 구매를 통해 이루어질 수 있으며, 규칙 10b5-1 및 규칙 10b-18에 따라 진행됩니다. 매입의 시기, 수량 및 가격은 시장 가격, 유형 자산 장부 가치, 경제적 조건 및 법적 요구 사항과 같은 요소에 따라 경영진이 결정합니다.
L'Alliance Marketing (OTC: MAAL) a annoncé un programme significatif de rachat d'actions autorisé par son Conseil d'Administration. Le programme permet le rachat de jusqu'à 800 000 actions de l'action ordinaire de l'entreprise, s'étalant du 2 avril 2025 au 31 mars 2026.
Le PDG Timothy Klusas a indiqué que cette initiative reflète la solidité financière de l'entreprise et son engagement à améliorer la valeur pour les actionnaires. La décision a été prise après que le Conseil a observé que la politique de dividende de l'entreprise n'était pas suffisamment reflétée dans le prix de l'action.
Les rachats peuvent être effectués par le biais de transactions négociées en privé ou d'achats sur le marché ouvert, y compris en vertu de la Règle 10b5-1 et de la Règle 10b-18. Le moment, la quantité et le prix d'achat seront déterminés par la direction en fonction de facteurs tels que le prix du marché par rapport à la valeur comptable tangible, les conditions économiques et les exigences légales.
Die Marketing-Allianz (OTC: MAAL) hat ein bedeutendes Aktienrückkaufprogramm angekündigt, das von ihrem Vorstand genehmigt wurde. Das Programm erlaubt den Rückkauf von bis zu 800.000 Aktien der Stammaktien des Unternehmens, das vom 2. April 2025 bis zum 31. März 2026 läuft.
CEO Timothy Klusas erklärte, dass diese Initiative die finanzielle Stärke des Unternehmens und das Engagement zur Steigerung des Aktionärswerts widerspiegelt. Die Entscheidung fiel, nachdem der Vorstand festgestellt hatte, dass die Dividendenpolitik des Unternehmens nicht angemessen im Aktienkurs widergespiegelt wurde.
Die Rückkäufe können durch privat verhandelte Transaktionen oder Käufe am offenen Markt durchgeführt werden, einschließlich gemäß Regel 10b5-1 und Regel 10b-18. Der Zeitpunkt, die Menge und der Kaufpreis werden von der Geschäftsführung basierend auf Faktoren wie dem Marktpreis im Verhältnis zum Buchwert, wirtschaftlichen Bedingungen und rechtlichen Anforderungen bestimmt.
- Authorization to repurchase up to 800,000 shares indicates strong financial position
- Program demonstrates commitment to returning value to shareholders
- Flexible implementation through both private and open market transactions
- No guarantee on the number of shares that will actually be repurchased
- Program may be suspended, terminated, or modified at any time
- Company resources allocated to buyback could limit other investment opportunities
ST. LOUIS, April 02, 2025 (GLOBE NEWSWIRE) -- The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), announced today the Company's Board of Directors has authorized a share repurchase program to repurchase up to 800,000 shares of the Company's issued and outstanding common stock, effective immediately and concluding March 31, 2026.
Timothy Klusas, the Company's President and Chief Executive Officer, stated, "The share repurchase authorization represents our financial strength and commitment to enhance shareholder value. The Board arrived at this decision after monitoring the stock price while previously paying dividends and concluded, in its judgement, that its dividend policy was not adequately reflected in the stock price."
Repurchases under the program may be made through privately negotiated transactions or open market transactions, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The timing, number and purchase price of shares repurchased under the program, if any, will be determined by management in its discretion and will depend on a number of factors, including the market price of the shares as a percentage of tangible book value, general market and economic conditions, applicable legal requirements and other conditions, and there is no assurance that the Company will purchase any shares under the program.
The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any number of shares.
About The Marketing Alliance, Inc.
Headquartered in St. Louis, MO, TMA provides support to independent insurance brokerage agencies, with a goal of integrating insurance and “insuretech” engagement platforms to provide members value-added services on a more efficient basis than they can achieve individually.
Investor information can be accessed through the shareholder section of TMA’s website at:
http://www.themarketingalliance.com/shareholder-information.
TMA’s common stock is quoted on the OTC Markets (http://www.otcmarkets.com) under the symbol “MAAL”.
Forward Looking Statement
This press release contains forward-looking statements including, among other things, statements regarding our intended share repurchases and expected shareholder benefits. Any forward-looking statements contained in this press release represent our estimates, expectations or intentions only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our views as of any subsequent date. These statements involve a number of risks, assumptions and uncertainties. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, expectations of the economic environment, material adverse changes in economic conditions and the other risks contained in our other public disclosures discussing our business and financial condition and results. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so.
| Contact: | ||
| The Marketing Alliance, Inc. | -OR- | The Equity Group Inc. |
| Timothy M. Klusas, President | Jeremy Hellman, Vice President | |
| (314) 275-8713 | (212) 836-9626 | |
| tklusas@themarketingalliance.com | jhellman@equityny.com | |
| www.TheMarketingAlliance.com |
FAQ
How many shares can The Marketing Alliance (MAAL) repurchase under its new program?
When does MAAL's share repurchase program start and end?
What factors will determine MAAL's share repurchase timing and pricing?
Why did The Marketing Alliance initiate this share buyback program?
