SUI Group Completes $2 Million Stock Buyback, Board Approves Additional $50 Million Stock Buyback Plan

BlockBeats News, September 14th, Nasdaq-listed SUI Treasury Company SUI Group announced that it has completed its previously authorized $2 million stock repurchase plan. At the same time, the board of directors has also authorized a new stock repurchase plan to repurchase an additional $50 million of the company's common stock, which can be conducted through open market purchases, negotiated transactions, or other means.

According to earlier disclosure documents filed with the U.S. Securities and Exchange Commission, SUI Group increased its holdings by 20 million SUI tokens last week, bringing the total holdings to 101,795,656 tokens.