Welcome to our dedicated page for PHONEX HOLDINGS news (Ticker: PXHI), a resource for investors and traders seeking the latest updates and insights on PHONEX HOLDINGS stock.
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PhoneX Holdings, Inc. (OTC PINK:PXHI) announced a stock repurchase program, authorizing up to $1,000,000 in share buybacks to support shareholder value. The buybacks will be executed based on market conditions and company evaluation. Recently, the company repurchased 178,269 shares for $89,134.50. Additionally, PhoneX is moving to prepay a $4,805,000 convertible notes balance. The firm aims to solidify its position in the secondhand mobile device market, leveraging cloud-based solutions and partnerships with major mobile carriers.
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