CoinShares Approves Share Buyback Program of Up to $40 Million
CoinShares’ board approved a program to repurchase up to $40 million of its ordinary shares. The stock rose 6% to $4.03 in morning trade and remains down 64% over the past 12 months.
By Chris WackCoinShares rose after the company said its board of directors approved a program to buy back up to $40 million of its ordinary shares.The stock was 6% higher, at $4.03, in morning trade, but is still down 64% in the past 12 months.The asset management company said the program will rema…