Safeguard completes $3M share repurchase program; reports $19.3M cash at year-end

SAFEGUARD SCIENTIFICS INC

Repurchased 736,577 shares at avg $4.09/share under $3M plan announced March 2022.
In 2022, repurchased 711,481 shares for $2.9M at avg $4.13; balance bought in Jan 2023.
Cash, equivalents, restricted cash, and marketable securities: $19.3M as of Dec 31, 2022.
Full-year 2022 deployments totaled $5.7M, within prior guidance of $5M-$9M.

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