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Micro-Cap Buys Back 65% of Its Own Stock

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Sun, Jul 23, 2023 06:06 PM

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Here are three stock buybacks for the week Here are three stock buybacks for the week     Â

Here are three stock buybacks for the week Here are three stock buybacks for the week                                                                                                      You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Dear Fellow Investor, Targeting stocks with recently announced buyback programs can be beneficial for investors. Buyback programs can be seen as a signal of confidence by the company's management in the future prospects of the business. When a company announces a buyback program, it indicates that it believes its stock is undervalued and that it has excess cash available to repurchase shares, which can be interpreted as a positive sign for investors. Buybacks can also potentially increase the value of the remaining shares by reducing the total number of shares outstanding, which could lead to higher earnings per share and potentially higher stock prices. Here are three stock buybacks for the week - Mullen Automotive, Inc. – SYM: MULN Recent Price: $0.14 Buyback Action: The Board of Directors authorized a new $25 million share repurchase program, equal to around 65.87% of its market cap at announcement. Description: Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.  === [WARNING: Mandatory U.S. Dollar Recall to Begin on July 26?]( [teeka 723]( If you have any U.S. dollars in your bank account… You must see [this shocking video exposing the government’s new plan to recall the U.S. dollar.]( According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars. [Click here to see the three simple steps you can take now to protect your life savings.]( === PriceSmart, Inc. – SYM: PSMT Recent Price: $78.41 [Get Buyback Action Here ]( Description: PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. The company also operates Click & Go, an e-commerce platform for online ordering, curbside pickup, and delivery services. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California. === [Down on stocks? Try this instead...]( [amazon secret]( Destroy your money worries with what Brad Thomas calls...The "Amazon secret royalty program." In short: It's a way to collect up to $10,000 (or more) in “royalty” payouts...and it's Starting this September 10th... [Watch this short video and see how you could start collecting "royalties" this September]( === Vermilion Energy Inc. – SYM: VET Recent Price: $13.10 [Get Buyback Action Here ]( Description: Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 82% working interest in 796,648 net acres of developed land and 85% working interest in 384,237 net acres of undeveloped land in Canada; 149,043 net acres of land in the Powder River basin in the United States; 96% working interest in 258,125 net acres of developed land and 100% working interest in 106,993 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 1,604,206 net acres of land in the Netherlands; 107,351 net developed acres and 1,549,929 net undeveloped acres in Germany; 975,374 net acres land in Croatia; 614,625 net acres land in Hungary; and 97,907 net acres land in Slovakia. It also owns 20% interests in the offshore Corrib natural gas field located to the northwest coast of Ireland; and 100% working interest in the Wandoo offshore oil field and related production facilities that covers 59,552 acres located on Western Australia's northwest shelf. Vermilion Energy Inc. was founded in 1994 and is headquartered in Calgary, Canada. === [Porter Stansberry warned of the 1998 banking crisis, the Dot Com blow up, and the 2008 financial collapse…]( [porter]( Today, he’s issuing a different kind of warning. It involves the world’s smartest man and a secret energy grid that will soon make its way into every town and city across America… [Full details here.]( "The Buck Stops Here" [youtube button]( [facebook button]( [instagram button]( Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2023 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Unsubscribe](

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