ZOOZ Strategy plans a $50 million share buyback program over 12 months, subject to regulatory approval, amid significant valuation drop.
ZOOZ Strategy’s shares fell 34% in pre-market trading, reducing its market valuation to $228 million. The company approved a $50 million buyback plan for its ordinary shares over a 12-month period, pending regulatory clearance. The plan permits purchases through various methods and can be paused or canceled at any time.