Business
Royalty Management Holding Corporation Completes Block Repurchase of Common Stock
Company is continuing its share repurchase program commenced last year with 193,052 shares repurchased to-date Shares will be cancelled and removed from the issued shares outstanding of the Company FISHERS, INDIANA - July 10, 2025 (NEWMEDIAWIRE) - Ro...
About this update from Royalty Management Holding Corporation
[{"type":"text","content":"Company is continuing its share repurchase program commenced last year with 193,052 shares repurchased to-date","length":110,"tagName":"p"},{"type":"text","content":"Shares will be cancelled and removed from the issued shares outstanding of the Company","length":86,"tagName":"p"},{"type":"text","content":"FISHERS, INDIANA - July 10, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) ("Royalty Management" "RMCO", or the "Company"), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, announced today that the Company has recently closed on its structured purchase of 161,875 shares of common stock of Royalty Management, shares purchased privately that adds to the Company's repurchases of its common stock through open market transactions.","length":618,"tagName":"p"},{"type":"text","content":"Furthermore, the Company has directed that all the shares repurchased to-date, which amounts to 193,052 shares of Company common stock thus far, and all future purchases under this repurchase program, will be retired and removed from the outstanding share count, thus reducing the number of shares outstanding of the Company.","length":325,"tagName":"p"},{"type":"text","content":"Thomas Sauve, Chief Executive Officer of the Company, commented, "We continue to execute our share repurchase program as another tool in our Company's toolbox as a way to increase shareholder value. We are retiring all shares repurchased by the Company back to being unissued shares, thus decreasing the number of shares outstanding by the amount of our ongoing purchases. So far, this represents approximately 1.3% of the shares outstanding of the company being removed from shares outstanding."","length":510,"tagName":"p"},{"type":"text","content":"About Royalty Management Holding Corporation","length":44,"tagName":"p"},{"type":"text","content":"Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by mone...