La Rosa Holdings (LRHC) said Thursday that its board authorized the repurchase of $500,000 worth of outstanding common shares.
The decision comes after the company posted a 119% year-over-year increase in revenue to $69.4 million for 2024, CEO Joe La Rosa said in a statement.
Shares were up more than 31% in recent Thursday trading.
Price: 0.16, Change: +0.04, Percent Change: +31.78