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Note 7 - Treasury Stock
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Treasury Stock [Text Block]
7.
Treasury Stock
 
Pursuant to the Company's
2017
Stock Repurchase Program (the
"2017
Repurchase Program"), as approved by SGRP's Audit Committee and adopted by its Board of Directors on
November 10, 2017
and ratified on
March 14, 2018,
the Company
may
repurchase shares of SGRP Common Stock through
November 10, 2020,
but
not
more than
500,000
shares in total, and those repurchases would be made from time to time in the open market and through privately-negotiated transactions, subject to general market and other conditions.  SGRP does
not
intend to repurchase any shares in the market during any blackout period applicable to its officers and directors under the SPAR Group, Inc. Statement of Policy Regarding Personal Securities Transactions in SGRP Stock and Non-Public Information As Adopted, Restated, Effective and Dated as of
May 1, 2004,
and As Further Amended Through
March 10, 2011 (
other than purchases that would otherwise be permitted under the circumstances for anyone covered by such policy). As of
December 31, 2019
, the Company had
500,000
shares remaining to be purchased under the
2017
Repurchase Program. Under the preceding stock repurchase program (adopted in
2012
and extended and modified in
2015
), the Company repurchased all
532,235
shares through
December 31, 2019
.