Nisun International Has Repurchased 39,112 Shares Of Its Stock At An Average Price Of $14.1263 Per Share For Total Proceeds Of $552,508 Under Its $15M Share Buyback Program
Portfolio Pulse from Benzinga Newsdesk
Nisun International has repurchased 39,112 shares at an average price of $14.1263 per share, totaling $552,508, as part of its $15 million share buyback program.
October 25, 2024 | 1:17 pm
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Nisun International has repurchased 39,112 shares at an average price of $14.1263 per share, totaling $552,508, as part of its $15 million share buyback program.
The share buyback indicates the company's confidence in its own stock, which can lead to a positive short-term impact on the stock price. The buyback reduces the number of shares available in the market, potentially increasing the value of remaining shares.
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