AgriFORCE CEO Jolie Kahn And Chairman David Welch Issues Letter To Shareholders
Portfolio Pulse from Benzinga Newsdesk
AgriFORCE CEO Jolie Kahn and Chairman David Welch have issued a letter to shareholders outlining a transformational year for the company in 2024. The company is focusing on innovation in the agriculture industry, including monetizing its RCS systems and Awaken Grains flour, and expanding into the Carbon Credit and Renewable Energy Credit markets. AgriFORCE has reduced its outstanding debentures and announced a $1 million share repurchase program. The company aims to enhance shareholder value through sustainable practices and new technologies, including blockchain.
June 20, 2024 | 12:39 pm
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AgriFORCE is focusing on innovation and sustainability in 2024, including monetizing its RCS systems and Awaken Grains flour, and expanding into the Carbon Credit and Renewable Energy Credit markets. The company has reduced its outstanding debentures and announced a $1 million share repurchase program.
The company's focus on innovation and sustainability, along with financial improvements such as debt reduction and a share repurchase program, are likely to positively impact the stock price in the short term. The expansion into new markets and technologies also presents growth opportunities.
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