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Harbor Custom Development Inc(HCDI-Q)

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Harbor Custom Development, Inc. Authorizes New Stock Repurchase Program

Globe Newswire - Thu Nov 4, 2021

Gig Harbor, Washington, Nov. 04, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW, HCDIZ) on November 3, 2021, approved a new stock repurchase program authorizing the repurchase of up to $5 million worth of shares of common stock beginning November 22, 2021, and continuing through May 22, 2022. The amount of the repurchase program represents approximately 17% of the outstanding shares of the Company’s common stock valued at the closing price on November 3, 2021.


Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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