Solana DAT Sharps Technology Announces $100 Million Share Repurchase Program
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4 Articles
Solana DAT Sharps Technology Announces $100 Million Share Repurchase Program
Sharps Technology Inc. announced Thursday that it has authorized a $100 million stock repurchase program, pointing to its commitment to enhancing shareholder value. A $100M Buyback? Sharps Technology Thinks It’s Worth It The medical device company, listed on Nasdaq under STSS, said it will repurchase up to $100 million worth of its common stock through […]
Key points of the news: Sharps Technology launched a repurchase plan of up to $100 million to stabilize its stock value and strengthen market confidence. The company maintains 2.14M of SOL destined in part to stacking and clarified that it will not liquidate that crypto treasury to finance the repurchase. SOL rose to $225 driven by DeFi activities and liquidity at USDC. Sharps Technology launched a share buyback program with a limit of about $10…
The measure seeks to strengthen the confidence of investors. The purchase of the shares will be made in the open market, and will not compromise in any way the Treasury Strategy Solana that has been carrying out. *** The repurchase will be made with open market purchases and negotiated. The company maintains its treasury of SOL 2,14M, a figure that will not be affected after the repurchase of shares. The announcement comes at a time of volatilit…
Leading Solana treasury company Sharps Technology announces $100M stock buyback - Cryptopolitan
Sharps Technology, one of the leading Solana treasury companies, announced a $100M buyback of its common stock. The deal will boost Sharps Technology shares with a mix of open-market and negotiated purchases. Sharps Technology, Inc., one of the leading Solana treasuries, announced a plan to buy back its own shares, reinvesting $100M. The buyback will include a mix of open-market and negotiated purchases. Sharps Technology took up its buyback as…
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