Badger Infrastructure Solutions (TSE:BDGI) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Badger Infrastructure Solutions Ltd. has announced that its proposal to repurchase and cancel up to 861,836 of its own shares has been approved, a move aimed at enhancing long-term shareholder value. The share buyback represents approximately 2.5% of its outstanding shares and is seen as a way to correct the market price when it doesn’t reflect the company’s true value. This buyback initiative will start on August 26, 2024, and will continue until the set number of shares is acquired or the program is concluded at the company’s discretion.
For further insights into TSE:BDGI stock, check out TipRanks’ Stock Analysis page.
