Cycurion launches USD 500,000 share buyback program
CYCU•Western Acquisition Ventures authorizes repurchase program
- Western Acquisition Ventures authorized a discretionary share repurchase program of up to USD 500,000 over the next 12 months.
- Repurchases may occur in the open market or other lawful methods, subject to market conditions.
- The plan sets a ceiling, not a commitment, with CFO sign-off required for any buybacks based on liquidity and cash needs.
- Management cited perceived undervaluation, with annualized revenue run rate targeted at about USD 30 million.
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