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Silvia Says Buybacks Now Equal About 20% of Program-Start Shares
The company repurchased another 5% of its common stock and said it will continue buying shares when it considers appropriate.
Key takeaways
- Silvia repurchased an additional 5% of its common stock since September 22.
- Total repurchases equal about 20% of shares outstanding when the program began.
Silvia said it repurchased an additional 5% of its common stock since September 22, bringing total repurchases since the buyback program began to about 20% of shares outstanding at the program’s start.
The company said it will continue buying back shares as it deems appropriate. As of the October 6 market close, Silvia had 78,665,076 shares outstanding after settlement of all repurchased shares.
Silvia also reported holding approximately 4,965 Bitcoin as of that date.
Topics
SVIA
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
