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PHI Group (PHIL) has provided an announcement.
The Board of Directors of PHI Group, Inc. has agreed to extend the share repurchase program for its common stock until December 31, 2024, to enhance shareholder value. The number of shares to be repurchased and the total dollar amount will be decided based on market conditions and the company’s financial health. The buyback will be financed through a combination of long-term financing, future earnings, asset sales, and other potential sources, while ensuring compliance with legal and contractual obligations.
See more data about PHIL stock on TipRanks’ Stock Analysis page.
