BuybackJun 30, 2026, 06:36 AM
Forum Markets Extends Buyback, Reduces Authorization to $100M
AI Summary
Forum Markets, Inc. announced that its Board of Directors approved an amendment to its existing share repurchase program. The program, originally set to expire on June 30, 2026, has been extended for one year through June 30, 2027. The Board also authorized the use of derivative transactions for repurchases and reduced the aggregate repurchase authorization from $250 million to $100 million.
Key Highlights
- Share repurchase program extended through June 30, 2027.
- Original program was scheduled to terminate on June 30, 2026.
- Authorized repurchases through derivative transactions.
- Aggregate repurchase authorization reduced from $250 million to $100 million.
- 13,210,145 shares of common stock outstanding as of June 29, 2026.
Price Impact
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