Blue Star Foods Corp. Announces $1.5 Million Stock Buyback Program to Enhance Shareholder Value
Blue Star Foods Corp. Announces $1.5 Million Stock Buyback Program to Enhance Shareholder Value
The buyback reflects the company's confidence in its business and belief that its stock is undervalued.Blue Star Foods Corp. announced a $1.5 million stock buyback program to enhance shareholder value and address undervaluation.
藍星食品公司宣佈了一項150萬美元的股票回購計劃，以提升股東價值並解決低估問題。
Quiver AI Summary
Quiver AI 概要
Blue Star Foods Corp., an ESG-focused sustainable seafood company, has announced a stock buyback program allowing for the repurchase of up to $1.5 million of its common stock in the open market. The decision reflects the company's confidence in its business, which it believes is undervalued. The timing and amount of repurchases will depend on various market conditions and are not guaranteed. John Keeler, the Chairman and CEO, expressed optimism about returning value to shareholders. Blue Star Foods is known for its advanced Recirculatory Aquaculture Systems and operates the oldest RAS salmon farm in North America.
藍星食品公司是一家專注於esg的可持續海鮮公司，已宣佈一項股票回購計劃，允許在公開市場上再購回最多150萬美元的普通股。這項決定反映了公司對其業務的信懇智能，認爲其被低估。回購的時機和金額將取決於各種市場條件，無法保證。董事會主席兼首席執行官約翰·基勒對向股東回報價值表示樂觀。藍星食品以其愛文思控股的循環水養殖系統而聞名，並經營着北美最古老的RAS鮭魚養殖場。
Potential Positives
潛在的積極因素
- The announcement of a $1.5 million stock buyback program signals the company's confidence in its financial health and future growth potential.
- The program is intended to return value to shareholders, indicating a commitment to enhancing shareholder returns and market confidence.
- John Keeler, the Chairman and CEO, characterized the stock as "significantly undervalued," which may attract investor interest and engagement.
- Blue Star Foods highlights its position as an integrated ESG sustainable seafood company, reinforcing its commitment to environmental and social governance as a strategic asset.
- 宣佈150萬美元的股票回購計劃標誌着公司對其財務健康狀況和未來增長潛力的信懇智能。
- 該計劃旨在向股東回報價值，表明了公司對提升股東回報和市場信心的承諾。
- 約翰·基勒，董事會主席兼首席執行官，將該股票描述爲"顯著低估"，這可能會吸引投資者的興趣和參與。
- 藍星食品強調其作爲一家綜合性的esg可持續海鮮公司的地位，強化了其將環境和社會治理視爲戰略資產的承諾。
Potential Negatives
潛在負面影響
- The stock buyback program may signal that the company lacks immediate growth opportunities, prompting the need to return capital to shareholders rather than reinvesting in business expansion.
- The fact that the repurchase program can be suspended, modified, or discontinued at any time without notice may indicate a lack of commitment or confidence in financially stable operations.
- The statement of the stock being "significantly undervalued" may suggest external perceptions of poor market performance or financial instability, potentially harming investor confidence.
- 股票回購計劃可能表明公司缺乏即時的增長機會，因此需要將資本返回給股東，而不是再投資於業務擴展。
- 回購計劃可以在沒有通知的情況下隨時暫停、修改或停止，這可能表明對財務穩定運營缺乏承諾或信心。
- 股票被"顯著低估"的聲明可能暗示外部對市場表現不佳或財務不穩定的看法，從而可能損害投資者信心。
FAQ
FAQ
What is Blue Star Foods Corp.'s stock buyback program?
藍星食品公司的股票回購計劃是什麼？
Blue Star Foods announced a stock buyback program to repurchase up to $1.5 million of its common stock.
藍星食品宣佈將回購高達150萬美元的普通股。
Why is Blue Star Foods implementing a stock buyback?
藍星食品爲什麼要實施股票回購？
The buyback reflects the company's confidence in its business and belief that its stock is undervalued.
此次回購反映了公司對其業務的信懇智能和認爲其股票被低估。
How will the stock repurchases be conducted?
股票回購將如何進行？
The shares will be repurchased in the open market based on various factors including price and market conditions.
股票將在公開市場上根據價格和市場條件等各種因素進行回購。
Is there an obligation for Blue Star to repurchase shares?
藍星是否有義務回購股票？
No, the program does not obligate the company to repurchase any specific number of shares.
不，該計劃並不要求公司回購任何特定數量的股票。
Where can I find more information about Blue Star Foods?
在哪裏可以找到關於藍星食品的更多信息？
More information can be found on the corporate website:
更多信息可以在公司官網找到：
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
免責聲明：這是由GlobeNewswire分發的新聞稿的人工智能生成摘要。用於總結這份稿件的模型可能會出錯。請在這裏查看完整發布。
$BSFC Hedge Fund Activity
$BSFC對沖基金活動
We have seen 0 institutional investors add shares of $BSFC stock to their portfolio, and 11 decrease their positions in their most recent quarter.
我們看到0位機構投資者在最近一個季度增加了$BSFC股票的持股，11位機構投資者減少了他們的持倉。
Here are some of the largest recent moves:
以下是一些最近最大的交易動態：
- UBS GROUP AG removed 230,340 shares (-100.0%) from their portfolio in Q2 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 96,703 shares (-100.0%) from their portfolio in Q2 2024
- TWO SIGMA SECURITIES, LLC removed 73,838 shares (-100.0%) from their portfolio in Q2 2024
- CITADEL ADVISORS LLC removed 67,290 shares (-100.0%) from their portfolio in Q2 2024
- GEODE CAPITAL MANAGEMENT, LLC removed 65,202 shares (-100.0%) from their portfolio in Q2 2024
- HRT FINANCIAL LP removed 26,072 shares (-100.0%) from their portfolio in Q2 2024
- CUBIST SYSTEMATIC STRATEGIES, LLC removed 19,511 shares (-100.0%) from their portfolio in Q2 2024
- 瑞銀集團在2024年第二季度從其投資組合中剔除了230,340股（-100.0%）。
- Susquehanna國際集團在2024年第二季度從其投資組合中剔除了96,703股（-100.0%）。
- Two Sigma證券在2024年第二季度從其投資組合中剔除了73,838股（-100.0%）。
- Citadel Advisors LLC在2024年第二季度從其投資組合中剔除了67,290股（-100.0%）。
- Geode Capital Management LLC在2024年第二季度從其投資組合中剔除了65,202股（-100.0%）。
- HRt FINANCIAL LP在2024年第二季度從其投資組合中移除了26,072股（-100.0%）
- CUBISt SYSTEMATIC STRATEGIES, LLC在2024年第二季度從其投資組合中移除了19,511股（-100.0%）
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要追蹤對沖基金的股票組合，請查看Quiver Quantitative的機構持股儀表板。
Full Release
全面發佈
Miami, FL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., ("Blue Star," the "Company," "we," "our" or "us") (NASDAQ:
BSFC
)
, an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced a stock buyback program to repurchase up to $1.5 million of the Company's common stock.
佛羅里達州邁阿密，2024年11月26日（環球新聞）-- 藍星食品公司（「藍星」，「公司」，「我們」，「我們的」或「我們」）（納斯達克：
BSFC
)
，一家集成了環保母基、社會和治理（esg）可持續海鮮公司的，因爲專注於循環水養殖系統（RAS），今天宣佈了一項股票回購計劃，以回購價值最高達150萬的公司普通股。
Under the program, the Company is authorized to repurchase its shares from time to time in the open market. The timing and amount of any repurchases will depend on a variety of factors, including price, trading volume, general market conditions, and other corporate considerations. The repurchase program does not obligate the Company to repurchase any specific number of shares and may be suspended, modified, or discontinued at any time without prior notice.
根據該計劃，公司有權隨時在公開市場回購其股票。任何回購的時機和數量將取決於各種因素，包括價格、交易量、一般市場條件和其他公司考慮因素。回購計劃不要求公司回購任何特定數量的股份，可能在任何時候暫停、修改或終止而無需提前通知。
John Keeler, Chairman and CEO of Blue Star Foods, commented, "We are pleased to announce this stock buyback program, which reflects our confidence in the strong and growing business of Blue Star. We believe our stock is significantly undervalued. This buyback program represents an attractive opportunity to return value to our shareholders."
藍色星海鮮公司董事長兼首席執行官約翰·基勒評論說：「我們很高興宣佈這項股票回購計劃，這反映了我們對藍色星強勁增長的業務的信心。我們相信我們的股票被嚴重低估。這一回購計劃代表了向我們股東回報價值的有吸引力機會。」
About Blue Star Foods Corp. (NASDAQ:
BSFC
)
關於藍星食品公司（納斯達克：
BSFC
)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is:
藍星食品公司是一家集成的環保母基、社會和治理（esg）可持續海鮮公司，專注於循環水養殖系統（RAS），加工、包裝和銷售高價值的海鮮產品。公司相信其在資源可持續管理和可追溯性及生態包裝方面採用了最佳技術。公司還擁有並經營北美最古老的持續運營的循環水養殖系統（RAS）全生長三文魚養殖場。公司位於佛羅里達州邁阿密，其公司官網是：
Forward-Looking Statements:
前瞻性聲明：
The foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company's business are described in detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
上述資料可能包含《證券法》第27A條和《證券交易法》第21E條的"前瞻性聲明"，每一項均已修訂。前瞻性聲明包括所有不僅涉及歷史或現行事實的聲明，還包括不限於關於公司產品開發和業務前景的聲明，可通過使用"可能"，"將"，"期望"，"規劃"，"估計"，"預期"，"計劃"，"相信"，"潛在"，"應該"，"繼續"或這些詞的否定形式或其他可比較的詞語來識別。前瞻性聲明不是未來行動或績效的保證。這些前瞻性聲明基於公司當前可獲得的信息以及當前的計劃或期望，並受可能會顯着影響當前計劃的一系列風險和不確定性。有關公司業務的風險在公司於2023年12月31日結束的年度10-k表中有詳細描述，以及其他定期和現行報告提交給美國證券交易委員會。公司無需且明確否認有義務更新或更改其前瞻性聲明，無論是基於新信息、未來事件還是其他情況。
Investor Contacts:
investors@bluestarfoods.com
投資者聯繫方式：
investors@bluestarfoods.com
