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Trump Media Technology Group approves $400 million stock buyback
Golden Finance reports that Trump Media Technology Group has approved a $400 million stock buyback, which may include common stock and warrants, and will be conducted through open market transactions. All repurchased shares will be canceled. Devin Nunes, CEO of Trump Media and Technology Group, stated that the company currently has about $3 billion on its balance sheet and can act flexibly to support strong shareholder returns while continuing to explore further strategic opportunities.