Trump Media & Technology Group Approves $400 Million Stock Buyback

Trump Media & Technology Group has approved a $400 million stock buyback, which may include both common shares and warrants, and will be conducted through open market transactions. All repurchased shares will be cancelled. Devin Nunes, CEO of Trump Media & Technology Group, stated that the company currently has approximately $3 billion on its balance sheet, allowing for flexible actions to support strong shareholder returns, while also continuing to explore further strategic opportunities.