On December 18, Beyond Inc Board Approved An Extension And Expansion Of Company's Stock Repurchase Program It Announced On August 17, 2021; Repurchase Program Has Been Extended By Two Years And Expanded By $50M
Portfolio Pulse from Benzinga Newsdesk
Beyond Inc's Board has approved an extension and expansion of its stock repurchase program, initially announced on August 17, 2021. The program is extended by two years and expanded by $50 million, according to an SEC filing.

December 21, 2023 | 9:39 pm
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Beyond Inc's stock repurchase program has been extended by two years and expanded by an additional $50 million, signaling potential confidence by the company in its stock value.
Stock repurchase programs often indicate a company's belief that its shares are undervalued and represent a good investment. The extension and expansion of Beyond Inc's buyback program could be perceived positively by the market, potentially leading to a short-term increase in stock price as it reflects confidence in the company's financial health and future prospects.
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