Enlightify Inc. Announces Share Repurchase Plan
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Enlightify Inc. (NYSE: ENFY) has announced a share repurchase program to buy back up to 2,000,000 shares at a price not exceeding $3.00 per share, to be completed by the end of 2025.
January 21, 2025 | 1:15 pm
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Enlightify Inc. has announced a share repurchase program to buy back up to 2,000,000 shares at a price not exceeding $3.00 per share, which could positively impact the stock price.
Share repurchase programs often lead to a positive impact on stock prices as they reduce the number of shares available in the market, potentially increasing earnings per share and signaling management's confidence in the company's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100