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Solana treasury firm DeFi Dev Corp raises stock buyback to $100 million
Nasdaq-listed DeFi Development Corp (DFDV) is increasing its stock repurchase program from $1 million to $100 million, following board approval on Wednesday. Solana treasury firm DeFi Dev Corp is expanding its stock repurchase program to $100 million from an initial $1 million, following board approval, according to a statement on Wednesday. The company claims that it will repurchase shares of its common stock on the open market from time to time, in accordance with Rule 10b-18 of the Securities Exchange Act of 1934. It added that management will be required to update the Board after an initial $10 million repurchase ... (full story)
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