20% Increase in CuriosityStream's Stock Following Buyback News
Buybacks
CuriosityStream surged from $1.03 to $1.35 on June 11th following a stock buyback announcement, alerted to LevelFields users at 9am, resulting in a one-day return of over 20%.
The Company cannot predict when or if it will repurchase any shares of common stock as such stock repurchase program will depend on a number of factors, including constraints specified in any Rule 10b5-1 trading plans, price, general business and market conditions, and alternative investment opportunities.
This program does not obligate the Company to acquire any particular amount of common stock.
The program has no expiration date and may be modified, suspended or discontinued at any time at the Company's discretion.
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