Sequans Communications S.A. announced on September 30, 2025, that its Board of Directors authorized an American Depositary Share (ADS) buyback program. The company is authorized to repurchase up to 1.57 million ADSs.
This represents approximately 10% of the company's currently outstanding ADSs. The buyback program is authorized through June 30, 2026, demonstrating a commitment to capital allocation.
The buyback program reflects management's confidence in the company's long-term value and aims to enhance shareholder returns. This initiative is part of Sequans' broader financial strategy, which also includes its Bitcoin treasury program.
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