Green Thumb authorizes $50 mln share repurchase program; shares rise

Green Thumb Industries

16/09/2024 15:33

** Shares of Canada-based cannabis company Green Thumb
 GTII.CD  rise 2.28% to C$14.37
    ** Co's board of directors authorizes a 10,573,860 share
repurchase program worth $50 mln 
    ** Repurchase program will commence on Sept. 23, 2024 and
expire on Sept. 22, 2025
    ** GTII does not expect to incur debt to fund the share
repurchase program
    ** Including session's move, stock down 3.50% YTD

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com))