February 24, 2024

Blackboxstocks Retires 687K Common Shares Held in Treasury

(24/7 MARKET NEWS) – Blackboxstocks Inc. (NASDAQ:BLBX) stated, this morning, that it retired 687,761 common shares the Company repurchased during 2022, pursuant to Blackbox’s January 2022 stock repurchase plan and will be retired from issued and outstanding common shares and held in treasury, where they will be added back to authorized but unissued shares. $1,397,625 remains available under the Company’s current plan to repurchase common stock by December 31, 2023.

Blackboxstocks is at $1.11, 9 cents higher (+8.82%), on 700 hundred premarket shares.

Its 52-week trading range is $0.2605 to $5.50. Its premarket high is $1.42, so it’s trading at levels last seen last summer and, if trading volume increases, has a favorable setup to challenge the $2+ range.

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