Stack Capital Group, Inc. (TSE:STCK) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Stack Capital Group Inc. has announced a plan to buy back up to 531,000 of its shares, representing 5% of the outstanding shares, as it believes they are undervalued. This move, approved by the Toronto Stock Exchange, allows Stack Capital to repurchase shares over the next year, potentially enhancing shareholder value.
For further insights into TSE:STCK stock, check out TipRanks’ Stock Analysis page.