Royalty Management Holding Corporation Advances Share Repurchase Program
July 10th, 2025 1:17 PM
By: Newsworthy Staff
Royalty Management Holding Corporation has repurchased and will retire 193,052 shares of its common stock, a move aimed at enhancing shareholder value by reducing the number of shares outstanding.
Royalty Management Holding Corporation (Nasdaq: RMCO) has completed a significant step in its share repurchase program by acquiring 161,875 shares of its common stock through a private purchase, adding to previous open market transactions. This brings the total repurchased shares to 193,052, all of which will be retired to decrease the company's outstanding share count. Thomas Sauve, CEO, emphasized the program's role in bolstering shareholder value, noting the retirement of approximately 1.3% of the shares outstanding. The company's strategy focuses on acquiring and developing high-value assets across various industries to benefit shareholders and communities alike. For more details, visit https://www.royaltymgmtcorp.com.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
