Canton Strategic launches $50 million stock repurchase program

On June 21, according to PRNewswire, CantonCoin treasury company CantonStrategic announced that its board of directors has approved the launch of a US$50 million share repurchase program. It is reported that the repurchase will be implemented through open market or other compliance methods in accordance with U.S. Securities laws., but the repurchase time, scale and execution method will be adjusted or terminated based on factors such as market conditions, stock price performance, trading volume and regulatory environment, and no minimum or fixed repurchase quantity will be promised.