TechFlow news, September 13 — According to Businesswire, SUI Group, the Nasdaq-listed treasury company for SUI, announced it has completed its previously authorized $2 million share repurchase program. Meanwhile, the board of directors has authorized a new share repurchase program to buy back up to an additional $50 million in the company's common stock, which may be conducted through open market purchases, negotiated transactions, or a combination of methods. According to previous filings with the U.S. Securities and Exchange Commission, SUI Group increased its holdings by 20 million SUI tokens last week, bringing its total holdings to 101,795,656 SUI.
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