gdog
6 months ago
Here's the artical I was referring to 3 m not 5 m but has to be done by Sept 1 sure hope somehow they bought the 3 m shares back
OTC Disclosure & News Service
Titan NRG, Inc. (TTNN) Announces Share Repurchase Program
Press Release | 09/11/2023
TUCSON, AZ, Sept. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Titan NRG, Inc. ("Titan NRG" OTC: TTNN), a leader in downstream energy and transportation through its wholly-owned subsidiaries, announces that its Board of Directors has approved a share repurchase program with authorization to purchase up to 3,000,000 shares of its preferred and/or common stock through September 1, 2024.
Titan NRG's commitment to its stock buyback program is a strategic move that will have a positive impact on the company's future. The company will be looking to purchase up to 3,000,000 shares of certain preferred and common shares over the next year. Titan NRG aims to reduce the potential dilution that could occur in the future, sending a clear signal of its commitment to shareholders. This proactive approach demonstrates the company's dedication to maintaining a strong position in the market.
OTC Disclosure & News Service
Titan NRG, Inc. (TTNN) Announces Share Repurchase Program
Press Release | 09/11/2023
TUCSON, AZ, Sept. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Titan NRG, Inc. ("Titan NRG" OTC: TTNN), a leader in downstream energy and transportation through its wholly-owned subsidiaries, announces that its Board of Directors has approved a share repurchase program with authorization to purchase up to 3,000,000 shares of its preferred and/or common stock through September 1, 2024.
Titan NRG's commitment to its stock buyback program is a strategic move that will have a positive impact on the company's future. The company will be looking to purchase up to 3,000,000 shares of certain preferred and common shares over the next year. Titan NRG aims to reduce the potential dilution that could occur in the future, sending a clear signal of its commitment to shareholders. This proactive approach demonstrates the company's dedication to maintaining a strong position in the market.
Furthermore, by embracing this share repurchase program, Titan NRG showcases its unshakable confidence in the strength of its financial foundation. This confidence resonates with both existing and prospective investors, who can rest assured knowing that the company is unwavering in its mission to protect their interests and actively work towards maximizing shareholder value.
Titan may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The authorization expires on September 1, 2024, it may be suspended or discontinued at any time and it does not obligate the company to acquire any amount of its common or preferred stock.
Further information for Titan NRG, Inc. can be accessed on the OTC Markets website at: https://www.otcmarkets.com/stock/TTNN/overviewFurthermore, by embracing this share repurchase program, Titan NRG showcases its unshakable confidence in the strength of its financial foundation. This confidence resonates with both existing and prospective investors, who can rest assured knowing that the company is unwavering in its mission to protect their interests and actively work towards maximizing shareholder value.
Titan may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The authorization expires on September 1, 2024, it may be suspended or discontinued at any time and it does not obligate the company to acquire any amount of its common or preferred stock.
Further information for Titan NRG, Inc. can be accessed on the OTC Markets website at: https://www.otcmarkets.com/stock/TTNN/overview