Green Thumb Launches $50M Buyback: Time to Get Bullish on the Stock?
ZACKS·2025-09-17 13:56
Key Takeaways Green Thumb authorized a $50M buyback, sending shares up 9% in Tuesday trading.The move reflects confidence in long-term prospects and aims to return shareholder value.A prior 2023 program repurchased 13.5M shares for $108M, showing a track record of buybacks.Shares of Green Thumb Industries (GTBIF) soared 9% on Tuesday after the company’s board of directors authorized a $50 million share repurchase program.GTBIF’s Buyback Program Aims to Enhance Shareholder ValueThis decision marks a notable ...