Sharplink Gaming Inc Registered Shs WKN: A417JK ISIN: US8200144058 Forum: Aktien Thema: Hauptdiskussion
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22:26:58 Uhr,
Lang & Schwarz
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sinnedgp,
22.08.2025 14:05 Uhr
0
SharpLink Authorizes $1.5 Billion Stock Buyback Program
MINNEAPOLIS, MN, Aug. 22, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), one of the world's largest corporate holders of Ether ("ETH") and prominent industry advocate of Ethereum adoption, today announced that its Board of Directors has authorized a stock repurchase program of up to $1.5 billion of the Company's common stock.
"At SharpLink, we remain committed to a disciplined capital markets strategy," said Joseph Chalom, Co-Chief Executive Officer of SharpLink. "Should there exist periods where our stock trades at or below the net asset value ("NAV") of our ETH holdings, it would be dilutive on an ETH per share basis to issue new equity through our capital raising efforts. In this scenario, the accretive course of action may be to repurchase our common stock. This program provides us with the flexibility to act quickly and decisively if those conditions present themselves." ...
sinnedgp,
22.08.2025 14:05 Uhr
0
https://investors.sharplink.com/sharplink-authorizes-1-5-billion-stock-buyback-program/
sinnedgp,
22.08.2025 14:07 Uhr
0
The stock buyback program is designed to provide enhanced support to the market, optimize capital allocation and reinforce SharpLink’s long-term commitment to driving sustainable stockholder value. Repurchases under the program may be made from time to time through open market purchases, privately negotiated transactions or other means permitted under applicable securities laws. The timing and amount of repurchases under the program will depend on market conditions, share price, trading volume and other factors. The Company is not obligated to repurchase any specific number of shares, and the program may be suspended or discontinued at any time.
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