NiSun International Enterprise Development Group (NISN) has released an update.
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Nisun International Enterprise Development Group has announced a $15 million share repurchase program to buy back Class A common shares over the next year, aiming to enhance shareholder value and EPS. The buyback reflects the company’s confidence in its long-term prospects and is seen as an efficient way to reward shareholders. The program will be funded by Nisun International’s available cash and operational profits, with the Board reviewing and adjusting the program as needed.
For further insights into NISN stock, check out TipRanks’ Stock Analysis page.
