Mullen Automotive Announces $25M Stock Repurchase Program

Seeking Alpha2023-07-06

Mullen Automotive (NASDAQ:MULN) has authorised a stock repurchase program for up to $25 million in shares of its outstanding common stock until December 31, 2023.Maria VonotnaThe company believes its ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

joe3141
2023-07-06
joe3141
Go back to usd$1
Kennoobie
2023-07-06
Kennoobie
Yeah oh yeah it will hit 200 pct later

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1175862348?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-06 20:28","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1175862348","market":"us","top_or_hot":-1,"title":"Mullen Automotive Announces $25M Stock Repurchase Program","media":"Seeking Alpha","content":"<div>\n<p>Mullen Automotive (NASDAQ:MULN) has authorised a stock repurchase program for up to $25 million in shares of its outstanding common stock until December 31, 2023.Maria VonotnaThe company believes its ...</p>\n\n<a href=\"https://seekingalpha.com/news/3985893-mullen-automotive-announces-25m-stock-repurchase-program\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mullen Automotive Announces $25M Stock Repurchase Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMullen Automotive Announces $25M Stock Repurchase Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-06 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3985893-mullen-automotive-announces-25m-stock-repurchase-program><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mullen Automotive (NASDAQ:MULN) has authorised a stock repurchase program for up to $25 million in shares of its outstanding common stock until December 31, 2023.Maria VonotnaThe company believes its ...</p>\n\n<a href=\"https://seekingalpha.com/news/3985893-mullen-automotive-announces-25m-stock-repurchase-program\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MULN","symbol_name":"Mullen Automotive","start_time":0,"source_url":"https://seekingalpha.com/news/3985893-mullen-automotive-announces-25m-stock-repurchase-program","article_id":"1175862348","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1175862348","pubTimestamp":1688646531,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Mullen Automotive  hasauthoriseda stock repurchase program for up to $25 million in shares of its outstanding common stock until December 31, 2023.Maria VonotnaThe company believes its stock is significantly undervalued and is trading at a significant discount to its current cash position of approximately $235M.\"We are initiating this buyback program as an attractive opportunity to deploy capital and return value to our shareholders,\" said David Michery, CEO and chairman of Mullen Automotive.Sha","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MULN":"Mullen Automotive"},"translate_title":"马伦汽车宣布2500万美元股票回购计划","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MULN":1.1},"content_text":"Mullen Automotive (NASDAQ:MULN) has authorised a stock repurchase program for up to $25 million in shares of its outstanding common stock until December 31, 2023.Maria VonotnaThe company believes its stock is significantly undervalued and is trading at a significant discount to its current cash position of approximately $235M.\"We are initiating this buyback program as an attractive opportunity to deploy capital and return value to our shareholders,\" said David Michery, CEO and chairman of Mullen Automotive.Shares up 75% premarket.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":195076439986288,"gmtCreate":1688651861556,"gmtModify":1688651864991,"author":{"id":"4111675977273012","authorId":"4111675977273012","name":"joe3141","avatar":"https://community-static.tradeup.com/news/a947f14f6741fc216021d0b382bd20f8","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"4111675977273012","authorIdStr":"4111675977273012"},"htmlText":"Go back to usd$1","listText":"Go back to usd$1","text":"Go back to usd$1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195076439986288","repostId":1175862348,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":195167390973960,"gmtCreate":1688649788394,"gmtModify":1688649792735,"author":{"id":"4119963323587952","authorId":"4119963323587952","name":"Kennoobie","avatar":"https://community-static.tradeup.com/news/13ad37a0e06c2dfd42ac4f2b5a70b190","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"idStr":"4119963323587952","authorIdStr":"4119963323587952"},"htmlText":"Yeah oh yeah it will hit 200 pct later","listText":"Yeah oh yeah it will hit 200 pct later","text":"Yeah oh yeah it will hit 200 pct later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195167390973960","repostId":1175862348,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1175862348"}