TEN Holdings (XHLD) announced that its board of directors has authorized a stock repurchase program, effective March 17, 2025. Under the program, the company may, from time to time, repurchase up to $1M worth of its outstanding shares of common stock with an evergreen term. Any repurchases of the common stock of the company will be governed by market conditions, legal requirements, and other corporate considerations. All repurchases will be funded through cash from operations and executed under a 10b-18 plan.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XHLD: