24/7 Market News Snapshot 17 Jun 2024 – AgriFORCE Growing Systems Ltd. Common Shares (NASDAQ: AGRI)

June 17, 2024 7:30

Press Release

DENVER, Colo., 17 June, 2024 (247marketnews.com) – (Nasdaq:AGRI) are discussed in this article.
AgriFORCE Growing Systems Ltd. (AGRI) is making headlines with its remarkable upward trajectory, surging by an impressive 25.76% in the pre-market session to reach $0.103 per share. Investors are witnessing a significant leap from the previous close of $0.082, indicative of a potential uptrend in the market. The trading volume of 28.1 million shares further underscores the growing interest and optimism surrounding AGRI’s stock performance.

In a strategic move to enhance shareholder value and demonstrate confidence in its financial stability and growth prospects, AgriFORCE Growing Systems Ltd. has unveiled a new share repurchase program. This program showcases the company’s commitment to maximizing returns for shareholders and underscores its robust financial position. By repurchasing a number of its outstanding shares through open market transactions, AGRI aims to boost shareholder returns, exhibit confidence in its business strategy, and capitalize on future growth opportunities.

As a leading AgTech firm focusing on intellectual property advancements in agriculture technology, AgriFORCE Growing Systems Ltd. is poised for continued success and innovation. The share repurchase program not only signifies management’s belief in the company’s long-term growth potential but also offers existing shareholders the opportunity to increase their ownership stake. This strategic initiative aligns with AGRI’s vision of driving sustainable growth and value creation in the dynamic AgTech sector.

Investors and stakeholders can anticipate a positive impact from this shareholder-focused move as AgriFORCE Growing Systems Ltd. embarks on an exciting phase of reinforcing its market position and pursuing innovation in AgTech. As AGRI continues to break barriers and set new highs in both its stock performance and strategic initiatives, the company remains steadfast in its mission to deliver long-term value and success to its shareholders.

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