iQSTEL Board Authorizes Open Market Share Repurchase Program

iQSTEL Inc. announced on Monday that its board of directors has authorized a share repurchase program. Under this initiative, the company intends to buy back its own common stock from the open market, utilizing its existing cash reserves to fund the transactions.

The company’s board of directors approved the buyback plan to manage its outstanding share count. Management stated that the program will operate at the discretion of the company, depending on market conditions, stock price, and other financial considerations. The company did not specify a total dollar amount or a timeframe for the completion of the repurchases, noting that the program may be suspended or discontinued at any time.

Newsflash | Powered by GeneOnline AI

Source: GO-AI-ne1

For any suggestion and feedback, please contact us.

Date: June 8, 2026

Author

GOAI