ALJ Regional Holdings, Inc. (OTCPK:ALJJ) ) announces a share repurchase program. Under the program, then company will repurchase up to 10,000,000 shares of its common stock. The shares will be repurchased at a price per share not greater than $2 and not less than $1.84.

Any shares purchased pursuant to the tender offer will be cancelled, and those shares will cease to be outstanding. The Company also reserves the right to purchase up to an additional 2% of its common shares outstanding. The Company expects to fund purchases of shares tendered in the tender offer with cash on hand.

The tender offer will expire on December 29, 2022.