Femto Technologies (NASDAQ:FMTO) said on Thursday that its board has authorized a stock repurchase program to repurchase up to 43,025 subordinate voting shares of the company, representing up to 5% of the issued and outstanding shares as at the close of business on May 14, 2025.
The stock repurchase program will commence on May 20, 2025, and is expected to last for up to six months.
The company expects to fund the stock repurchase program from existing cash and cash equivalents.
Femto Technologies (NASDAQ:FMTO) was last up 0.64%.