Deep Tide TechFlow News, January 29 — According to Businesswire, the board of directors of WLFI, a US-listed company under the financial arm ALT5 Sigma (NASDAQ: ALTS), has authorized a stock repurchase plan of up to $100 million, with repurchase prices below net asset value, and a maximum of 50 million shares to be repurchased, accounting for approximately 40% of the circulating shares. The board also approved an increase in holdings of $WLFI tokens. The company currently holds about 7.3 billion $WLFI tokens, valued at approximately $1.5 billion.
ALT5 CEO Tony Isaac stated that the company will continue to expand USD1-related integrations to increase enterprise utility, trading volume, and long-term revenue opportunities.
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ALT5 Sigma Board approves up to $100 million stock repurchase plan and WLFI increase holding plan
Deep Tide TechFlow News, January 29 — According to Businesswire, the board of directors of WLFI, a US-listed company under the financial arm ALT5 Sigma (NASDAQ: ALTS), has authorized a stock repurchase plan of up to $100 million, with repurchase prices below net asset value, and a maximum of 50 million shares to be repurchased, accounting for approximately 40% of the circulating shares. The board also approved an increase in holdings of $WLFI tokens. The company currently holds about 7.3 billion $WLFI tokens, valued at approximately $1.5 billion.
ALT5 CEO Tony Isaac stated that the company will continue to expand USD1-related integrations to increase enterprise utility, trading volume, and long-term revenue opportunities.