Neptune Digital Assets Corp. (TSE:NDA) has released an update.
Neptune Digital Assets Corp., a trailblazer in the Canadian blockchain space, has announced a share buyback program, aiming to repurchase and cancel up to 10% of its public float, believing the current market prices don’t reflect the company’s true value. This initiative, expected to run for up to 12 months or until the maximum shares are bought, is seen as an investment in the company’s future and a potential means to increase shareholder value and market liquidity. Alongside this, Neptune has granted stock options to its executives, with the potential to strengthen their commitment to the company’s growth.
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