NiSun International Initiated $15M Share Buyback Program
Portfolio Pulse from Benzinga Newsdesk
NiSun International has announced a $15 million share buyback program, which is likely to positively impact its stock price in the short term.

October 15, 2024 | 8:20 pm
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NiSun International has initiated a $15 million share buyback program, which is expected to positively influence its stock price.
Share buyback programs typically reduce the number of shares outstanding, which can increase earnings per share and often lead to a rise in stock price. This move by NiSun International is a positive signal to investors, indicating confidence in the company's financial health.
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