Exxe Group Inc (AXXA)

[skyrocketinsight]

THE COMPANY SAID THAT THIS WAS GOING TO HAPPEN (INFORMATION ON THE BUYBACK) SECOND QUARTER MAYBE OF 2024.

https://www.otcmarkets.com/stock/AXXA/news/Exxe-Group-Board-of-Directors-Authorizes-and-Approves-Common-Share-Repurchase-Plan?id=417813

Further information about the Common Share Repurchase Plan will be presented in Exxe Group's Second Quarter (2Q2024) Report. The Report is currently scheduled for a release window sometime between November 15-18, 2023.

Dr. Eduard Nazmiev, CEO of Exxe Group stated: "The Common Share Repurchase Fund strategy is part of a broader initiative intended to deliver improvements for both shareholders and the Company as a whole. The CSRP underscores our unwavering commitment to enhancing shareholder value, while maintaining a responsible approach to capital allocation. We firmly believe that this initiative perfectly aligns with our long-term vision and steadfast commitment to prudent financial management."

The Company plans to release additional information on the CSRP following the Second Quarter Report.