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Karat Packaging Announces $15M Buyback Plan

Author: Benzinga Newsdesk | November 05, 2025 08:06am

Karat Packaging Inc. (Nasdaq: KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has declared a regular quarterly dividend of $0.45 per share on the Company's common stock. The dividend is payable on or about November 28, 2025, to stockholders of record as of November 21, 2025.

The board also authorized its first-ever share repurchase program to purchase up to $15.0 million of the Company's common stock.

Posted In: KRT

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