VVPR - What's Going On With VivoPower Stock? | Benzinga
VivoPower International PLC (NASDAQ:VVPR) shares continue trading higher Wednesday after the stock gained more than 300% Tuesday. Here's a look at what's going on.
The Details:
The company announced on Wednesday its board of directors has authorized a capital management strategy including a stock buyback program to repurchase up to $5 million of the company’s outstanding common stock.
The stock shot up more than 300% on Tuesday after VivoPower announced its Tembo subsidiary will merge with Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS) with an estimated closing date in August 2024.
VivoPower shares are moving on heavy trading volume Wednesday. According to data from Benzinga Pro, more than ...