Urban-gro has new stock repurchase program

LAFAYETTE –  The board of directors of Lafayette-based indoor agriculture engineering firm Urban-gro Inc. has authorized the repurchase of up to $2 million of its common stock, the company announced today. The new repurchase program succeeds its prior $8.5 million stock repurchase program that has since been completed.

Under the new authorization, the company may purchase shares of its common stock from time to time in the open market at prevailing market prices, in privately negotiated transactions or other means in compliance with applicable federal securities laws. The timing and amount of stock repurchases under the program, if any, will be…