- P10 ( NYSE: PX ) said on Tuesday that its board has authorized an increase to its stock buyback program, to purchase up to an additional $20M of P10’s outstanding shares of Class A and Class B Common Stock, par value $0.001/share.
- P10 intends to fund the program through available cash balances, the company’s existing credit facility, and future operating cash flows.
- The buyback program does not obligate P10 to acquire any particular amount of common stock and it may be terminated or amended by the board at any time.
-
YTD the shares of PX have lost ~28.6% .
For further details see:
P10 announces $20M increase to stock buyback program