Trump Media & Technology Group Corp. has announced a stock buyback authorization of up to $400 million.
Trump Media shares gained over 2% on the news.
The company plans to repurchase common stock through open market transactions, with the flexibility to determine the timing and amount at its discretion. The repurchased shares will be retired by the company. CEO Devin Nunes stated that this move reflects confidence in the company's strategic plans and supports shareholder returns.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trump Media & Technology Group Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9482668-en) on June 23, 2025, and is solely responsible for the information contained therein.
