NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX)
Post# of 100
(Total Views: 184)
Posted On: 01/06/2022 3:02:31 PM
NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Acceleration of Stock Repurchase Program
GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, today announced that its board of directors approved a substantial increase in the funds allocated for the immediate repurchase of the company’s common shares, in the initial sum of $10 million. The move comes after the company repurchased approximately 800,000 shares in the second half of 2021. The repurchase program will be executed consistent with GreenBox’s capital allocation strategy and will continue to prioritize aggressive investments to grow the business. Company insiders and strategic business partners will also be free to purchase stock when not under blackout periods. “This announcement demonstrates our commitment to GreenBox and our shareholders, as well as our confidence in the growth opportunities that lie ahead with strategic partners, potential acquisitions and expansion into new territories,” said Ben Errez, chairman of GreenBox. “We intend to keep shareholders continuously apprised of our ongoing efforts from the intended progress of the various initiatives we are currently executing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, today announced that its board of directors approved a substantial increase in the funds allocated for the immediate repurchase of the company’s common shares, in the initial sum of $10 million. The move comes after the company repurchased approximately 800,000 shares in the second half of 2021. The repurchase program will be executed consistent with GreenBox’s capital allocation strategy and will continue to prioritize aggressive investments to grow the business. Company insiders and strategic business partners will also be free to purchase stock when not under blackout periods. “This announcement demonstrates our commitment to GreenBox and our shareholders, as well as our confidence in the growth opportunities that lie ahead with strategic partners, potential acquisitions and expansion into new territories,” said Ben Errez, chairman of GreenBox. “We intend to keep shareholders continuously apprised of our ongoing efforts from the intended progress of the various initiatives we are currently executing.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Ryvyl Inc. (RVYL) Stock Research Links
Scroll down for more posts ▼