On April 30, Category Labs announced today that it has expanded its potential public market purchase authorization to $80 million and extended the buyback period until the end of 2026. Category Labs stated that any buyback actions will be conducted opportunistically based on market conditions, and may be initiated, paused, or terminated at the company's discretion, while strictly adhering to relevant laws and regulations. This update does not constitute a commitment to repurchase any specific quantity of tokens, but reflects the company's intention to consider opportunistic purchases under favorable market conditions.
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Category Labs Expands Public Market Buyback Authorization to $80 Million
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