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FG Nexus announces share repurchase program
2025-12-09 22:28
- FG Nexus (FGNX) announced on Tuesday that its Board of Directors has approved a preferred share repurchase program to acquire up to 894,580 shares of its outstanding preferred shares.
- The preferred share repurchase program, which is open-ended, allows the company to repurchase its preferred shares from time to time in the open market and in negotiated transactions.
- "This authorization provides us with additional flexibility to optimize our capital structure and return value to our shareholders when market conditions present attractive opportunities," said Kyle Cerminara, Chairman & CEO of FG Nexus.
- FGNX +3.76% premarket to $3.03.
- Source: Press Release
More on FG NEXUS
- FG Nexus commences options trading of stock on NYSE
- FG Nexus to sell majority stake in reinsurance units to Tom Heise-led Devondale
- Seeking Alpha’s Quant Rating on FG NEXUS
- Historical earnings data for FG NEXUS
- Financial information for FG NEXUS
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