TruGolf announces stock repurchase program

* The board of directors of TruGolf Holdings (NASDAQ:TRUG [https://seekingalpha.com/symbol/TRUG]) announced on Thursday the authorization of a stock repurchase program of up to $2 million of TruGolf’s class A common stock.
* The stock repurchase program will expire upon the expenditure of $2 million, when terminated or otherwise completed.
* Purchases may be made in open-market transactions or by other means as determined by TruGolf’s management and in accordance with the regulations of the Securities and Exchange Commission.
* “TruGolf’s capital position provides the opportunity to execute this stock repurchase program, which we believe further strengthens our shareholder value proposition,” said Chris Jones, CEO of TruGolf.
* TRUG is +32.58% to $0.2775.
* Source: Press Release [https://seekingalpha.com/pr/20120444-trugolf-announces-stock-repurchase-program]

MORE ON TRUGOLF

* Seeking Alpha’s Quant Rating on TruGolf [https://seekingalpha.com/symbol/TRUG/ratings/quant-ratings]
* Historical earnings data for TruGolf [https://seekingalpha.com/symbol/TRUG/earnings]
* Financial information for TruGolf [https://seekingalpha.com/symbol/TRUG/income-statement]