Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Board Authorizes Stock Repurchase Program By: Investor Brand Network April 03, 2023 at 10:10 AM EDT Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is reporting that its board of directors authorized the repurchase of up to $2 million worth of shares of the company’s common stock. According to the announcement, the repurchase program will expire on Sept. 29, 2023, or when a maximum of $2 million has been repurchased, or when the program is discontinued by the board. In addition, the program may be suspended, terminated or modified for any reasons, including market conditions, cost of repurchasing shares, availability of alternative investment opportunities, liquidity, or other factors deemed appropriate; the authorization of the repurchase program does not obligate the company to purchase any particular number of shares. The company also noted that the program is subject to future extensions based on the discretion of the board. “We believe the repurchase program may provide numerous benefits to the company and its stockholders including, among others, mitigation of overhang on the market for the company’s common stock; attractive use of the company’s capital to repurchase shares at current prices; a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends; and accretion to earnings per share,” said Golden Matrix Group CEO Anthony Brian Goodman in the press release. To view the full press release, visit https://ibn.fm/K51QM About Golden Matrix Group Inc. Golden Matrix Group, based in Las Vegas, Nevada, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume ecommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Board Authorizes Stock Repurchase Program By: Investor Brand Network April 03, 2023 at 10:10 AM EDT Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is reporting that its board of directors authorized the repurchase of up to $2 million worth of shares of the company’s common stock. According to the announcement, the repurchase program will expire on Sept. 29, 2023, or when a maximum of $2 million has been repurchased, or when the program is discontinued by the board. In addition, the program may be suspended, terminated or modified for any reasons, including market conditions, cost of repurchasing shares, availability of alternative investment opportunities, liquidity, or other factors deemed appropriate; the authorization of the repurchase program does not obligate the company to purchase any particular number of shares. The company also noted that the program is subject to future extensions based on the discretion of the board. “We believe the repurchase program may provide numerous benefits to the company and its stockholders including, among others, mitigation of overhang on the market for the company’s common stock; attractive use of the company’s capital to repurchase shares at current prices; a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends; and accretion to earnings per share,” said Golden Matrix Group CEO Anthony Brian Goodman in the press release. To view the full press release, visit https://ibn.fm/K51QM About Golden Matrix Group Inc. Golden Matrix Group, based in Las Vegas, Nevada, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume ecommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is reporting that its board of directors authorized the repurchase of up to $2 million worth of shares of the company’s common stock. According to the announcement, the repurchase program will expire on Sept. 29, 2023, or when a maximum of $2 million has been repurchased, or when the program is discontinued by the board. In addition, the program may be suspended, terminated or modified for any reasons, including market conditions, cost of repurchasing shares, availability of alternative investment opportunities, liquidity, or other factors deemed appropriate; the authorization of the repurchase program does not obligate the company to purchase any particular number of shares. The company also noted that the program is subject to future extensions based on the discretion of the board. “We believe the repurchase program may provide numerous benefits to the company and its stockholders including, among others, mitigation of overhang on the market for the company’s common stock; attractive use of the company’s capital to repurchase shares at current prices; a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends; and accretion to earnings per share,” said Golden Matrix Group CEO Anthony Brian Goodman in the press release. To view the full press release, visit https://ibn.fm/K51QM About Golden Matrix Group Inc. Golden Matrix Group, based in Las Vegas, Nevada, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume ecommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork
