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PRNewsWire
9 days ago
IQST - IQSTEL Launches Share Repurchase Program, Signaling Strong Confidence in the Company's Intrinsic Value and Long-Term Growth Strategy
Board Authorizes Repurchase of Up to 1,000,000 Shares as Management and Directors Take Action to Capitalize on What They Believe Is a Significant Disconnect Between Market Valuation and Business Fundamentals NEW YORK, June 8, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a rapidly growing multinational technology company serving the Telecom, Fintech, AI, Cybersecurity, and Digital Services sectors, today announced that its Board of Directors has authorized a share repurchase program of up to 1,000,000 shares of the Company's common stock. The program will be funded, in whole or in part, by cash dividends received from QXTEL, one of IQSTEL's operating subsidiaries.