Asset Entities Announces Stock Repurchase Program
DALLAS, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, today announced that the Company's Board of Directors has approved a stock repurchase program to purchase up to an aggregate of 1,250,000 shares of its outstanding Class B Common Stock.
- DALLAS, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, today announced that the Company's Board of Directors has approved a stock repurchase program to purchase up to an aggregate of 1,250,000 shares of its outstanding Class B Common Stock.
- The stock repurchase program will expire on November 21, 2024, unless otherwise modified by the Board of Directors.
- "This stock buyback program reflects our firm commitment to maximizing shareholder value,” said Asset Entities Chief Executive Officer Arshia Sarkhani.
- The stock repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of common stock.