Canton Strategic Announces $50 Million Share Repurchase Program

Odaily reported that Canton Strategic, a Nasdaq-listed treasury company for Canton Coin, announced that its board of directors has approved the launch of a $50 million stock buyback program. The repurchase will be conducted through the open market or other compliant methods in accordance with U.S. securities laws. However, the timing, scale, and execution method of the repurchase 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 number of shares being repurchased. (PRNewswire)