secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2021-09-28T23:59:59+00:00
Accession:  0001654954-21-010498
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint reinstates $2.5M stock repurchase plan; $2.1M remaining available
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- Board removed suspension of $2.5M repurchase plan, paused March 9, 2020 due to COVID-19.
- As of Sept 27, 2021, $2.1M remains for future purchases; plan has no expiration date.
- Company has 9.1M shares outstanding; repurchases via open market or private transactions.
- CEO Jin Kang cites robust balance sheet and confidence in growth potential.
- Repurchases subject to Rule 10b-18, market conditions, liquidity; may be suspended anytime.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495421010498/0001654954-21-010498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495421010498/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-010498

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer