Solana Treasury DeFi Development Announces Approval of $100 Million in Stock Buybacks
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最新报道：According to Bijie.com, on September 24, Solana's treasury company, DeFi Development Corp. (NASDAQ: DFDV), announced that its board of directors has approved an expansion of the company's existing share repurchase program. The authorized amount has been increased from $1 million to up to $100 million of the company's common stock. The company noted that this repurchase authorization provides the company with the flexibility to repurchase up to $100 million of common stock and sets an initial threshold of $10 million, meaning management will need to update the board before executing additional purchases. All repurchased shares will be cancelled and reverted to authorized but unissued shares or held as treasury stock. The timing, method, and amount of repurchases will be determined by management based on a comprehensive assessment of market conditions and other factors.
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