The Upexi Board has approved a $50 million open-ended stock buyback program aimed at enhancing shareholder value. This buyback initiative allows the company to repurchase its shares over an unspecified period. The board’s decision reflects a strategic move to utilize available capital to support its stock in the market. The program is designed to provide flexibility in managing the company’s equity structure and may help stabilize share prices. Upexi aims to optimize its return on investment through this buyback strategy while maintaining its financial health.
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