Pet Wellness Company Announces Stock Repurchase Program Authorization
Why the Better Choice Company's Stock Repurchase Program Matters to Investors.
Better Choice Company Inc. (NYSE American: BTTR), on April 16, 2024, declared its plan to repurchase up to $5 million of its outstanding common stock shares until December 31, 2024. The repurchases can occur through open market or private transactions, potentially under a Rule 10b5-1 trading plan, which allows companies to buy back shares at times when they might otherwise be prevented from doing so due to insider trading laws. The timing and volume of the repurchases will be subject to stock availability, market conditions, the trading price, alternative capital uses, and the company’s financial performance. It's important to note that the program does not obligate Better Choice to acquire any specific number of shares and can be altered, paused, or terminated at any time. The funding for these repurchases will come from the company's cash reserves. $Better Choice Co(BTTR.US$
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