Gorilla Technology Closes ATM Programme, Reinforcing Commitment to Shareholder Value
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Gorilla Technology Group Inc. has closed its At-The-Market (ATM) programme, emphasizing its commitment to shareholder value by preventing further stock dilution. This follows a share buyback initiative aimed at protecting shareholder interests.
February 10, 2025 | 1:15 pm
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Gorilla Technology Group Inc. has closed its ATM programme to prevent stock dilution, following a share buyback initiative. This move is aimed at protecting shareholder value.
The closure of the ATM programme indicates Gorilla's focus on preventing stock dilution, which is generally positive for shareholders as it can lead to a more stable or increased stock price. This action, along with a share buyback, suggests a strong commitment to enhancing shareholder value.
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