Creative Medical Technology Announces $2M Buyback Program
Portfolio Pulse from Benzinga Newsdesk
Creative Medical Technology (CELZ) has announced a $2 million stock buyback program, aiming to increase shareholder value.
June 12, 2023 | 12:04 pm
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CELZ announces a $2 million stock buyback program, which may lead to an increase in stock price.
Stock buyback programs are generally seen as a positive signal for investors, as they indicate that the company believes its stock is undervalued. This can lead to an increase in demand for the stock, driving up the price. In this case, CELZ's $2 million buyback program may result in a short-term increase in stock price.
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