Canton Strategic Board Approves $50 Million Share Repurchase Program

Canton Strategic, a Nasdaq-listed Canton Coin treasury company, said its board has approved a $50 million stock repurchase program. According to Odaily, the company said the buyback will be carried out in line with U.S. securities laws through open-market purchases or other compliant methods. Canton Strategic said the timing, size, and execution of any repurchases may be adjusted or halted based on factors including market conditions, share price performance, trading volume, and the regulatory environment. The company added that the program does not commit to any minimum or fixed amount of shares to be repurchased.