Canton Strategic Launches $50 Million Stock Buyback Program

06/21 19:45

On June 21, PRNewswire reported that Canton Strategic, a Nasdaq-listed company, announced that its board of directors has approved a $50 million stock buyback program. The buyback will be executed in accordance with U.S. securities laws through open market or other compliant methods. However, the timing, scale, and execution of the buyback will be adjusted or terminated based on market conditions, stock performance, trading volume, and regulatory environment, and there is no commitment to a minimum or fixed number of shares to be repurchased.

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