Canton Strategic Launches $50 Million Stock Buyback Program

CoinFeed June 21 news, according to PRNewswire, Nasdaq-listed Canton Coin treasury company Canton Strategic 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 methods in accordance with U.S. securities laws, but the timing, size, and execution method of the buyback will be adjusted or terminated based on market conditions, stock price performance, trading volume, and regulatory environment, and no minimum or fixed buyback quantity is guaranteed.