Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad+Daddy%26rsquo%3Bs+Burger+Bar and Good+Times+Burgers+%26amp%3B+Frozen+Custard, today announced that it will commence a share repurchase program beginning February 7, 2022. Repurchases of up to an aggregate of $5,000,000 of the Company’s common stock have been authorized by the Company’s Board of Directors. The authorization to repurchase will continue until the maximum value of shares is purchased or the Company terminates the program. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. The Company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended.
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