Earth Science Tech, Inc. announced on August 20, 2025, that its Board of Directors approved a significant enhancement and a two-year extension of its common stock repurchase program. The total authorization for repurchases has been increased to $10 million, doubling the previously mentioned $5 million program. The program will now run through December 31, 2027.
This decision reflects management's strong confidence in the company’s long-term growth strategy and its unwavering commitment to shareholders. Since the program's inception on January 29, 2024, ETST has already deployed over $1.8 million to repurchase 20,834,214 shares of its common stock. This demonstrates a consistent commitment to enhancing shareholder value.
CEO and Chairman of the Board, Giorgio R. Saumat, stated that extending and increasing this program is a direct reflection of confidence in ETST's future. The repurchases may be made at the company’s discretion through open market or privately negotiated transactions, subject to market conditions and other factors.
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