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Golden Matrix Group, Inc. Announces Authorization of Stock Repurchase Program
GMGIGolden Matrix (GMGI) Newsfilter·2024-07-17 21:00

"We believe the repurchase program may provide numerous benefits to the Company and its stockholders, including, among others, possibly help counteract the short interest in the Company's common stock, mitigation of overhang on the market for the Company's common stock, attractive use of the Company's capital to repurchase shares at current prices, a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends and accretion to earnings per share," said Anthony Brian Goodm ...