TechFlow news, November 5 — According to GLOBE NEWSWIRE, Solana Company (NASDAQ: HSDT), a Nasdaq-listed company, announced that its board of directors has approved a $100 million stock repurchase program to acquire the company's outstanding common shares. The repurchase program is open-ended, allowing the company to repurchase shares from time to time in open market transactions and private negotiated transactions.
Executive Chairman Joseph Chee stated that in pursuit of maximizing accumulated SOL per share, acquiring its own shares during certain periods may represent the capital’s best expected return opportunity.
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