BUZZ-Spruce Power Holding rises on $50 mln share repurchase plan

Reuters

05-14

BUZZ-Spruce Power Holding rises on $50 mln share repurchase plan

** 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))

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