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Stock impact report

Tokenization Platform Surges as Board Restarts Buyback, Launches Strategic Review [Globe and Mail, The (Toronto, Canada)]

ETHZilla Corporation (ETHZ) 
blockchain infrastructure to unlock liquidity and broaden investor access. But for emerging names in the sector, Wall Street can be slow to price in the opportunity, leaving small-cap boards to take matters into their own hands when share prices diverge from what management sees as underlying value. Shares of Forum Markets, Incorporated ( Nasdaq: FRMM ) are rallying Friday after the company announced a series of Board-authorized actions designed to close what it calls the gap between Forum's current market capitalization and its intrinsic value. The Board has unanimously reinitiated the company's share repurchase program, effective April 15, including authorization for buybacks in volumes that may exceed the limitations of the Rule 10b-18 safe harbor under the Securities Exchange Act. The Board described share repurchases at current price levels as a direct expression of its conviction in Forum's intrinsic value. In parallel, the Board has formed a Special Committee comprised en Show less Read more
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