Phunware Chief Operations Officer Randall Crowder joins Natalie Stoberman from the Proactive studios to discuss its newly announced stock repurchase plan.
Crowder says the Board of Directors has authorized the plan under which the company may repurchase up to $5 million of the company’s outstanding common stock, par value $0.0001 per share. The stock repurchase plan is expected to be completed over the next 12 months.