Emerald Approved An Extension And Expansion Of Share Repurchase Program, Allowing For The Repurchase Of $25.0M Common Shares Through December 31, 2024
Portfolio Pulse from Benzinga Newsdesk
Emerald has approved an extension and expansion of its share repurchase program, allowing for the repurchase of $25.0M common shares through December 31, 2024.
November 06, 2023 | 11:29 am
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POSITIVE IMPACT
Emerald's extension and expansion of its share repurchase program could potentially increase the stock's value.
Share repurchase programs are typically seen as a positive signal by the market, as they indicate that the company believes its shares are undervalued. This could potentially lead to an increase in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100