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Stingray Announces $15.4 Million Share Buyback (opens original article in a new tab)

TL;DR

Stingray repurchases 1 million shares for $15.4 million and La Caisse sells 2.3 million shares as part of portfolio adjustments.

  • Stingray announces a $15.4 million share buyback at $15.40 per share.
  • La Caisse sells 2.3 million shares through a block trade as part of portfolio rebalancing.
  • The buyback is funded with cash on hand, and La Caisse remains a significant shareholder.

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