LQR House Announces Commencement Of Share Buyback Program
Portfolio Pulse from Benzinga Newsdesk
LQR House Inc. (NASDAQ:LQR) has announced the commencement of its share buyback program. The company has instructed Dominari Securities LLC to initiate the repurchase of shares. The CEO of LQR House Inc., Sean Dollinger, expressed his enthusiasm for the buyback program and plans to provide updates on the results of this initiative next week.
September 08, 2023 | 2:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LQR House Inc. has started its share buyback program, which could potentially increase the stock's price in the short term.
Share buyback programs are often seen as a sign of a company's confidence in its own stock, and can lead to an increase in the stock's price as the supply of shares in the market decreases. Therefore, the commencement of LQR House's share buyback program could potentially have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100