Metavesco, Inc. (OTC: MVCO) has taken a significant step towards enhancing shareholder value by repurchasing 200 million shares of its common stock. The shares, acquired for $22,000 in a private transaction, are destined for the treasury for cancellation, effectively reducing the company's issued and outstanding common stock by more than 5%. This decision reflects the company's confidence in its future growth and its commitment to improving per-share metrics.
Ryan Schadel, President and CEO of Metavesco, highlighted the buyback as a clear indicator of the company's optimistic outlook and its strategic focus on strengthening its financial foundation. This move is part of a series of initiatives by Metavesco, including its foray into Bitcoin treasury and the expansion of its staffing subsidiary, Epic Labor, all aimed at ensuring operational efficiency and disciplined capital management across its diverse holdings.
The transaction was completed on July 2, 2025, following a contractual agreement the day before, marking a crucial milestone in Metavesco's strategy to foster long-term growth and shareholder value through careful financial planning and operational improvements.
