Jupiter Wellness Retires Approximately 10% Of Its Outstanding Shares

Jupiter Wellness, Inc. (NASDAQ: JUPW) purchased and retired 2,43 million common shares, which reduces the company's outstanding common shares to 22.15 million an approximate 10% reduction in shares outstanding.

The company has a $5.0 million share buyback program. Under the program, shares of the company's stock may be repurchased periodically in the open market or privately negotiated transactions. To date, the company has purchased 2.43 million under the program.

"We continue to believe our stock is undervalued and today's announcement …

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