ALJ Regional Holdings Inc. (fka ALJJ)

[Enterprising Investor]

ALJ Regional Holdings Announces Share Repurchase Program (8/18/14)

SAN DIEGO, Aug. 18, 2014 /PRNewswire/ -- ALJ Regional Holdings, Inc. (OTC Markets: ALJJ) (the "Company" or "ALJJ") today announced that its Board of Directors has authorized a stock repurchase program for its issued and outstanding Common Stock. Depending on market conditions, shares may be repurchased from time to time by the Company at prevailing market prices through open market or negotiated transactions.

The Company is not obligated to purchase any shares. Subject to applicable laws, repurchases may be made at such times and in such amounts as the Company's management deems appropriate. Purchases under the program can be discontinued at any time by the Company. The Company expects to finance the repurchase with cash on hand.

About ALJ Regional Holdings

ALJJ is the parent company of Faneuil, Inc., a leading provider of outsourcing and co-sourced services to both commercial and government entities in the healthcare, utility, toll and transportation industries and Floors-N-More, LLC, dba Carpets N' More, one of the largest floor covering retailer in Las Vegas and providers of multiple finishing products for commercial, retail and home builder markets including all types of flooring, countertops, cabinets, window coverings and garage/closet organizers, with 5 retail locations.

http://www.prnewswire.com/news-releases/alj-regional-holdings-announces-share-repurchase-program-271675641.html