Royalty Management Holding Corporation (Nasdaq: RMCO) has updated its share repurchase program, announcing the acquisition of 60,000 shares year-to-date, bringing the total to 91,177 shares since the program began in late 2024. This move is part of the company's comprehensive approach to increasing shareholder value, which also includes strategic investments and the distribution of quarterly dividends.
Thomas Sauve, CEO of Royalty Management, highlighted the significance of the share repurchase program within the company's value-creation strategy. 'Our share repurchase program is one of the tools we have at our disposal to create shareholder value, along with the value of our investments and our regular quarterly cash dividend,' Sauve explained. The company intends to persist with its repurchase activities, contingent upon favorable market conditions.
For further details, visit https://www.royaltymgmtcorp.com.
