2023-06-14 17:32:56 ET
- Network-1 Technologies ( NYSE: NTIP ) said Wednesday that it extended the previously announced share repurchase program and will now buy back up to $5 million of its common stock over the next two years.
- To date, the company has purchased 9.4M shares of its common stock since the start of the share repurchase program in 2011, at a cost of about $18.1M.
- NTIP said it is extending its share repurchase program to take advantage of its strong cash position.
- Press Release
For further details see:
Network-1 extends repurchase program to buy $5M worth stock over 2 years