Ennis Board authorizes additional $20M share repurchase; remaining balance $23.9M

ENNIS, INC.

Board approved $20M increase to share repurchase program; cumulative authorized funds now $60M.
Remaining repurchase authorization stands at $23.9M as of July 14, 2022.
Program aims to offset dilution from share issuances for acquisitions and equity compensation.
Shares may be repurchased in open market or private transactions depending on conditions.

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