SINTX Technologies Announces Stock Repurchase Program [Yahoo! Finance]
SiNtx Technologies, Inc. (SINT)
Company Research
Source: Yahoo! Finance
company that develops and commercializes materials, components, and technologies for medical and technical applications, today announced that its Board of Directors has authorized a stock repurchase program to buy back up to $500,000 of the company's outstanding common stock over the next several quarters which equates to about 20% of total outstanding shares. The repurchases will be conducted based on market conditions and other factors, reflecting SINTX's confidence in its strategic direction and commitment to enhancing shareholder value. Strategic Rationale This initiative aligns with SINTX's strategic focus on optimizing its capital structure and delivering long-term value to shareholders. By repurchasing shares, the company aims to reduce the number of outstanding shares, thereby increasing the ownership stake of remaining shareholders and enhancing earnings per share. Similar to actions taken by other industry leaders, SINTX believes that a stock repurchase program is an eff
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SINT
News
- SINTX Technologies and NED Medical Partner to Advance Cutting-Edge Ceramic Microsphere Medical Devices for Cancer Treatment [Yahoo! Finance]Yahoo! Finance
- SINTX Technologies and NED Medical Partner to Advance Cutting-Edge Ceramic Microsphere Medical Devices for Cancer TreatmentGlobeNewswire
- Sintx Technologies Initiates Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
- SINTX Technologies Appoints Gregg R. Honigblum as Chief Strategy Officer [Yahoo! Finance]Yahoo! Finance
- SINTX Technologies Appoints Gregg R. Honigblum as Chief Strategy OfficerGlobeNewswire
SINT
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- SINT's page on the SEC website