On October 7, 2026, Coffee Holding Co., Inc. (NASDAQ: JVA) announced that its Board of Directors has approved a share repurchase program. Under this program, the company may repurchase up to $2.5 million in value of its outstanding common stock, which has a par value of $0.001 per share.
Repurchases may be conducted on the open market or through privately negotiated transactions. The company stated that the timing and amount of any repurchases will be determined based on market conditions, share price, and other factors. The program may be discontinued or suspended at any time. Repurchases will be executed in accordance with Securities and Exchange Commission regulations and may be made, in part, under a Rule 10b5-1 plan.
The company intends to fund the Share Repurchase Program using available cash and future cash flow from operations. Andrew Gordon, President and Chief Executive Officer, commented that the company believes its current stock price does not reflect its positive underlying fundamentals. He noted that the company’s balance sheet remains strong and results have improved over recent quarters due to a focus on gross margins and operational efficiency.
