Core Viewpoint - Better Choice Company has reinstated its stock repurchase program with an increased authorization of up to $6.5 million for its common stock until December 31, 2025, indicating a belief that its equity is undervalued [1][2]. Group 1: Stock Repurchase Program - The Board of Directors has authorized a stock repurchase program up to $6.5 million, following the previous program that repurchased 102,405 shares at an average price of $1.9869 per share [1][2]. - The repurchase may occur in open market or private transactions, depending on various factors such as stock availability and market conditions [2]. Group 2: Company Overview - Better Choice Company is focused on pet health and wellness, promoting products that help pets live healthier lives through a nutrition-based approach [3]. - The company markets its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed food options [3].
Better Choice Company Reinstates Stock Repurchase Program and Increases Authorization to $6.5 Million