LifeVantage Extends Stock Repurchase Program Until December 31, 2026
Portfolio Pulse from Benzinga Newsdesk
LifeVantage has extended its stock repurchase program until December 31, 2026, and authorized a pre-arranged stock trading plan for repurchasing a limited number of shares under Rule 10b5-1 of the Securities Exchange Act of 1934.
June 13, 2023 | 8:06 pm
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POSITIVE IMPACT
LifeVantage's extension of its stock repurchase program and authorization of a pre-arranged stock trading plan may positively impact its stock price.
The extension of the stock repurchase program and the authorization of a pre-arranged stock trading plan indicate that the company is confident in its financial position and future prospects. This may lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100