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Priority Technology announces new $40M share repurchase authorization

Priority Technology (PRTH) Holdings announced that its board of directors has approved a new $40M share repurchase program of the company’s outstanding stock. Chairman and CEO Tom Priore stated the program reflects confidence in Priority’s business fundamentals and long-term growth potential. The company may repurchase shares through various methods, with the timing and amount determined by management based on market conditions and other factors.

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