Coffee Holding Announces $2.5M Stock Buyback Plan

Coffee Holding Co., Inc. (NASDAQ: JVA) has announced a stock buyback plan allowing for the repurchase of up to $2.5 million of its outstanding common stock. The program will be executed on the open market and in privately negotiated transactions, depending on market conditions and share price. Funding for the buyback will come from available cash and future cash flow from operations.