NFT Gaming Approves Buyback Of Up To $500K

The NFT Gaming Company, Inc’s (NASDAQ: NFTG) board approved a stock buyback of up to $500,000.
NFT Gaming is developing a digital gaming platform and community that will allow users to mint unique avatars playable in all of the games on the platform in the form of non-fungible tokens, or “NFTs.”
“The current capital market conditions allow us to capture additional shareholder value through this measured buyback program. Our Board of Directors and executive management team are committed to delivering value to our shareholders,” said Vadim Mats, Chief Executive Officer.
In February, NFT Gaming raised $7 million via an initial public offering at $4.15 per share. The stock began on the Nasdaq under the symbol “NFTG” on February 15, 2023.
Price Action: NFTG shares traded higher by 3.79% at $1.37 on the last check Wednesday.

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This article NFT Gaming Approves Buyback Of Up To $500K originally appeared on Benzinga.com