Spruce Power Announces $50M Share Repurchase Program, Average Price $4.33

Reuters

14 May

Spruce Power Announces $50M Share Repurchase Program, Average Price $4.33

Spruce Power Holding Corporation (NYSE: SPRU) has announced a $50 million share repurchase program, set to begin after the expiry of its current program on May 15, 2025, and concluding by May 15, 2027. Under its previous program, Spruce repurchased an aggregate of 1,870,827 shares at a weighted average price of approximately 4.33 per share. The new program allows for repurchases through various methods, with no obligation to buy a specific number of shares or dollar amount.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spruce Power Holding Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250514899305) on May 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The new program allows for repurchases through various methods, with no obligation to buy a specific number of shares or dollar amount.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spruce Power Holding Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250514899305) on May 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}