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GAXY - Galaxy Next Generation buybacks and cancels 50M shares
Galaxy Next Generation Inc
Galaxy Next Generation (OTCQB:GAXY) has repurchased 50 million common shares and retired them to Treasury. The transaction stems from a previous debt dealing that has since been repaid, and included the return of 50 million common shares back to the company. The move leaves the company's total shares outstanding from 3.43 billion to 3.38 billion.