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Livento Group, Inc. Announces Share Buyback and Land of Bad Update

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Livento Group, Inc. (OTC Pink:NUGN) has announced a significant share buyback of 90 million shares, representing nearly 11% of its total outstanding shares. This strategic move is part of a broader initiative to reduce the company's share count and restructure its share structure more effectively. The buyback demonstrates Livento Group's commitment to enhancing shareholder value and reflects the company's strong performance and positive outlook.

Additionally, Livento Group's subsidiary, Boxo Productions, has achieved a major milestone with its film "Land of Bad" reaching the number one spot for streaming on Netflix. This success highlights the quality of Boxo Productions' content and reinforces Livento Group's position in the film and content sectors.

Livento Group, Inc. (OTC Pink:NUGN) ha annunciato un significativo riacquisto di azioni pari a 90 milioni di azioni, che rappresentano quasi l'11% delle sue azioni in circolazione. Questa mossa strategica fa parte di un'iniziativa più ampia per ridurre il numero di azioni della società e ristrutturare in modo più efficace la sua struttura azionaria. Il riacquisto dimostra l'impegno di Livento Group nel migliorare il valore per gli azionisti e riflette la solidità delle prestazioni della società e le sue prospettive positive.

Inoltre, la sussidiaria di Livento Group, Boxo Productions, ha raggiunto un importante traguardo con il suo film "Land of Bad" che ha conquistato il primo posto per lo streaming su Netflix. Questo successo evidenzia la qualità dei contenuti di Boxo Productions e rafforza la posizione di Livento Group nei settori del cinema e dei contenuti.

Livento Group, Inc. (OTC Pink:NUGN) ha anunciado un importante programa de recompra de acciones de 90 millones de acciones, lo que representa casi el 11% de sus acciones en circulación. Este movimiento estratégico es parte de una iniciativa más amplia para reducir el número de acciones de la empresa y reestructurar su estructura accionarial de manera más eficaz. La recompra demuestra el compromiso de Livento Group de aumentar el valor para los accionistas y refleja el sólido desempeño de la empresa y su perspectiva positiva.

Además, la subsidiaria de Livento Group, Boxo Productions, ha alcanzado un hito importante con su película "Land of Bad", que ha llegado al primer lugar de streaming en Netflix. Este éxito resalta la calidad del contenido de Boxo Productions y refuerza la posición de Livento Group en los sectores de cine y contenido.

Livento Group, Inc. (OTC Pink:NUGN)는 9천만 주의 대규모 자사주 매입을 발표했습니다. 이는 발행된 총 주식의 거의 11%를 차지합니다. 이 전략적 결정은 회사의 주식 수를 줄이고 보다 효과적으로 주식 구조를 재편성하기 위한 광범위한 계획의 일환입니다. 이번 자사주 매입은 Livento Group이 주주 가치를 향상시키겠다는 의지를 보여주며, 회사의 강력한 실적과 긍정적인 전망을 반영합니다.

또한, Livento Group의 자회사인 Boxo Productions는 영화 "Land of Bad"가 넷플릭스에서 스트리밍 1위에 도달하며 중요한 이정표를 달성했습니다. 이 성공은 Boxo Productions의 콘텐츠 품질을 강조하며, Livento Group의 영화 및 콘텐츠 분야에서의 입지를 강화합니다.

Livento Group, Inc. (OTC Pink:NUGN) a annoncé un rachat d'actions significatif de 90 millions d'actions, représentant presque 11 % de son total d'actions en circulation. Ce mouvement stratégique fait partie d'une initiative plus large visant à réduire le nombre d'actions de l'entreprise et à restructurer plus efficacement sa structure d'actions. Le rachat montre l'engagement de Livento Group à accroître la valeur pour les actionnaires et reflète les solides performances de l'entreprise ainsi que ses perspectives positives.

De plus, la filiale de Livento Group, Boxo Productions, a atteint un jalon majeur avec son film "Land of Bad" qui a atteint la première place en streaming sur Netflix. Ce succès met en lumière la qualité du contenu de Boxo Productions et renforce la position de Livento Group dans les secteurs du cinéma et du contenu.

Livento Group, Inc. (OTC Pink:NUGN) hat ein bedeutendes Aktienrückkaufprogramm von 90 Millionen Aktien angekündigt, was fast 11% der ausstehenden Gesamtaktien entspricht. Dieser strategische Schritt ist Teil einer umfassenderen Initiative zur Reduzierung der Aktienanzahl des Unternehmens und zur effektiveren Umstrukturierung der Kapitalstruktur. Der Rückkauf zeigt das Engagement der Livento Group, den Aktionärswert zu steigern, und spiegelt die starke Leistung des Unternehmens sowie die positive Aussicht wider.

Darüber hinaus hat die Tochtergesellschaft von Livento Group, Boxo Productions, mit ihrem Film "Land of Bad" einen wichtigen Meilenstein erreicht, indem sie die Nummer eins im Streaming auf Netflix erreicht hat. Dieser Erfolg hebt die Qualität der Inhalte von Boxo Productions hervor und stärkt die Position der Livento Group im Film- und Inhaltsektor.

Positive
  • Executed a share buyback of 90 million shares (11% of total outstanding)
  • Subsidiary's film "Land of Bad" reached #1 on Netflix streaming
  • Plans for further share reductions to enhance shareholder value
  • Strong performance and positive outlook indicated by management
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / July 22, 2024 / Livento Group, Inc. (OTC Pink:NUGN), is a dynamic leader specializing in the acquisition and development of companies with disruptive business models in film, content, and technology sectors.

Alongside Livento Group, CEO David Stybr and CIO Misha Henriksen are thrilled to announce that Livento Group has successfully executed a buyback of 90 million shares, representing nearly 11% of its total outstanding shares. This strategic move marks the beginning of a broader initiative to reduce the company's share count and restructure its share structure more effectively. This action underscores Livento Group's commitment to enhancing shareholder value and reflects the company's strong performance and positive outlook. As we continue on this path, we anticipate further share reductions, reinforcing our confidence in Livento Group's ongoing success and future growth trajectory. We value our shareholders and thank you all for being a part of the Livento family.

Boxo Productions

On another note, Livento Group's subsidiary, Boxo Productions, is thrilled to announce that our film "Land of Bad" has reached the number one spot for streaming on Netflix. This remarkable achievement is a testament to the hard work and dedication of our talented team, from the visionary directors, co-producers, and skilled actors to the tireless crew behind the scenes. We are incredibly proud of the film's success and grateful for the overwhelming support from our audience. This milestone not only underscores the quality of our production but also motivates us to continue creating compelling and engaging content for viewers worldwide.

Contact:

David Stybr, CEO
Livento Group, Inc.
ir@liventogroup.com

Livento Group | LinkedIn | Twitter

Boxo Productions | LinkedIn | Twitter | Instagram | Facebook

Global Dot Logistics | LinkedIn | Twitter

Safe Harbor Statement:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events and expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: NuGene International, Inc.



View the original press release on accesswire.com

FAQ

How many shares did Livento Group (NUGN) buy back in July 2024?

Livento Group (NUGN) bought back 90 million shares, representing nearly 11% of its total outstanding shares, in July 2024.

What is the purpose of Livento Group's (NUGN) share buyback program?

The purpose of Livento Group's (NUGN) share buyback program is to reduce the company's share count, restructure its share structure more effectively, and enhance shareholder value.

Which Livento Group (NUGN) subsidiary produced the film "Land of Bad"?

Boxo Productions, a subsidiary of Livento Group (NUGN), produced the film "Land of Bad".

What streaming achievement did Livento Group's (NUGN) film "Land of Bad" reach in July 2024?

Livento Group's (NUGN) film "Land of Bad" reached the number one spot for streaming on Netflix in July 2024.

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