Coffee Holding Announces $2.5 Million Share Buyback Program
By EC Assets · Published
Coffee Holding Co. shares increased following the announcement of a new share repurchase program. The company's board approved authorization for buybacks valued at up to $2.5 million. This development occurred on Wednesday, October 7, 2026. Coffee Holding Co. Inc. shares rose 6% on Wednesday. The company trades on NASDAQ under the ticker JVA. The new share repurchase program allows for buybacks of up to $2.5 million. Coffee Holding has historically sought opportunities to create stockholder value. This includes previous payments of cash dividends. The company intends to continue creating value for its stockholders in the future. Coffee Holding manufactures, roasts, packages, markets, and distributes roasted and blended coffees. Its operations span the United States, Australia, Canada, England, and China. The company offers wholesale green coffee. Coffee Holding reported a fiscal third-quarter gross margin of 25%. This compares to a revised 9.4% in the prior year. These results, released on September 11, covered the quarter ended July 31. The company also reported strong financial results for the fiscal quarter ending April 30, 2025. Earnings were $0.11 per share, improving from a slight loss in the same period. This article is intended for informational purposes only. It does not constitute investment advice.
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