Canton Strategic Launches $50 Million Stock Buyback Program

Odaily reports that Canton Strategic, a Nasdaq-listed Canton Coin treasury company, announced that its board of directors has approved the launch of a $50 million stock buyback program. It is reported that the buyback will be executed through the open market or other compliant means in accordance with U.S. securities laws. However, the timing, scale, and method of execution may be adjusted or terminated based on market conditions, stock price performance, trading volume, and the regulatory environment. The company does not commit to a minimum or fixed buyback quantity. (PRNewswire)