Spruce Power Holding rises on $50 mln share repurchase plan

Spruce Power Holding

14/05/2025 14:17

** Solar energy company Spruce Power Holding SPRU.N rise 5.7% to $1.67 premarket

** Co says board authorized a share repurchase program of up to $50 million of its common stock on or before May 15, 2027

** SPRU says repurchases will begin upon the expiry of its current share repurchase program on May 15, 2025

** As of last close, shares are down 46.8% YTD

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))