The international financial group GFH Financial Group has announced the purchase of 4.2 million shares of its own stock (common shares) to increase the number of common shares to approximately 247.9 million shares. The average purchase price was $0.3243.
Starting from February 25, 2025, the volume of common shares owned by the company at the present time amounts to 6.5% of the total number of issued shares. The purchase of the new block of shares will further increase this proportion.
At the moment, the percentage of acquired shares from the authorized capital is 0.11%, and the quantity of remaining shares for acquisition is approximately 135.3 million.
"We believe that expanding our common shares portfolio reflects our strategy of capital management and aims to increase our market positions," noted GFH Financial Group.
