SRX Global is trading at $2.30 (8.2% up) in after-hours trading, rebounding from a sharp regular-session drop and recent extreme volatility.
- The move follows the announcement of a new $20 million share repurchase program and a balance sheet update reporting $60 million net asset value, $40 million in cash, and no debt.
- Management highlighted a cleaner capital structure and capital return plan following the completion of a 1-for-60 reverse split and the EMJX acquisition.