Verano Holdings (TSE:VRNO) has released an update.
Verano Holdings Corp. has announced a new share repurchase program, with a Board authorization to buy back up to $50 million of its Class A subordinate voting shares on Cboe Canada. The move signals Verano’s strong financial position, marked by consistent revenue growth and solid cash flows, as it aims to use market opportunities to enhance shareholder value over the next 12 months. The repurchase plan is subject to market conditions and will adhere to Cboe Canada and U.S. securities laws.
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