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Real Announces $150 Million Share Repurchase Authorization

1. Real Brokerage Inc. announces $150 million share repurchase program, boosting shareholder confidence. 2. The program reflects the Board's long-term strategy commitment to enhancing shareholder value.

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FAQ

Why Bullish?

Share buyback programs generally enhance shareholder value and signal confidence, as seen historically with companies like Apple and IBM.

How important is it?

The announcement is significant due to its potential to increase demand for shares in the near term, reflecting management’s positive outlook.

Why Short Term?

Historically, share repurchase announcements often lead to immediate positive stock price movement, as seen during similar instances.

Related Companies

MIAMI--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers, and sellers, today announced that its Board of Directors has authorized a new share repurchase program for up to the lesser of $150 million in value, or 35 million in shares. “This new authorization reflects our Board's confidence in Real's long-term strategy, and our commitment to delivering value to shareholders,” said Tamir Poleg, Chairman and Chief Executive O.

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