🚀 Sequans Announces Share Buyback

Sequans Communications (NYSE: SQNS) has launched a program to repurchase up to 1.57M American Depositary Shares (ADSs) — about 10% of its outstanding stock — through June 30, 2026. 🗓️

💰 The move signals management’s confidence in the company’s value. Buybacks will be carried out at Sequans’s discretion, depending on market conditions 📈, and can be modified or suspended anytime. ⚖️

🔄 Interesting twist: this comes shortly after Sequans set up an ATM equity program (to raise funds) and reaffirmed Bitcoin ₿ as its main treasury reserve asset. This makes the company’s strategy a mix of traditional buybacks + crypto exposure. ⚡

📊 Key Takeaways

✅ Potential boost for shareholder value.

🛡️ Helps offset dilution from new share issuances.

⚡ Adds volatility risk due to Bitcoin holdings.

🕐 Execution timing will be critical.

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