Metavesco Announces Stock Buyback Program
METAVESCO INC. (MVCO)
Company Research
Source: PR Newswire
CUMMING, Ga., Feb. 2, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK: MVCO), a web3 enterprise and digital asset innovator, today announced it has authorized a common stock buyback program of up to $1 million.This strategic decision comes after careful consideration of the Company's stock performance, comparative market analysis, and comprehensive review of the Company's long term goals. The Board has determined that the current market price of Metavesco, Inc.'s common stock does not reflect its fair value. In response, and with a firm belief in the intrinsic value and future growth potential of the Company, the Board has authorized a stock repurchase program under Rule 10b-18 of the Securities Exchange Act of 1934, as amended.Key Highlights of the Stock Repurchase Program:Authorization Amount: The Company is authorized to repurchase up to $1 million of its common stock.Program Duration: The repurchase program will commence immediately and will conclude on February 1, 2025.Method of R
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