other material
confidence high
sentiment positive
materiality 0.55
Golden Matrix resumes stock buyback with $4.958M remaining; CEO cites strong cash position
Meridian Holdings Inc./NV
- Board-authorized program allows open-market or private repurchases; $4.958 million available as of Dec 20, 2024.
- CEO states all divisions performing at or above expectations; company expects continued growth into Q4 2024.
- Cash of $38.4M vs $17.5M current portion of long-term debt as of Sep 30, 2024.
- Company servicing all debt with cash, not equity, and sees cash enabling accretive acquisitions.
- Outstanding shares: 129,242,993; repurchases may be modified or suspended at any time.