SUI Group Repurchases 7.8 Million Common Shares in Q4

MT Newswires Live

01/09

SUI Group (SUIG) said Thursday it repurchased over 7.8 million or 8.8% of its outstanding common shares in Q4 at $2.02 per share under its $50 million stock buyback program.

Total SUI cryptocurrency holdings rose to nearly 108.1 million as of Jan. 7, primarily due to lending activities in the SUI ecosystem and native staking rewards, according to a statement.

Shares of SUI Group rose 4.6% in recent trading.

Price: 1.91, Change: +0.06, Percent Change: +3.30

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