Category Labs Expands MON Public Market Buyback Authorization to $80 Million
BlockBeats News, April 30th, Category Labs announced today that it has expanded its potential open market buyback authorization to $80 million and extended the repurchase deadline to the end of 2026.
Category Labs stated that any buyback action will be conducted opportunistically based on market conditions, may be initiated, suspended, or terminated at the company's discretion, and will strictly comply with relevant laws and regulations. This update does not constitute a commitment to repurchase any specific quantity of tokens but reflects the company's intention to consider opportunistic purchases under favorable market conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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