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.
蓝星食品公司宣布了一项150万美元的股票回购计划，以提升股东价值并解决低估问题。
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.
蓝星食品公司是一家专注于esg的可持续海鲜公司，已宣布一项股票回购计划，允许在公开市场上再购回最多150万美元的普通股。这项决定反映了公司对其业务的信恳智能，认为其被低估。回购的时机和金额将取决于各种市场条件，无法保证。董事会主席兼首席执行官约翰·基勒对向股东回报价值表示乐观。蓝星食品以其爱文思控股的循环水养殖系统而闻名，并经营着北美最古老的RAS鲑鱼养殖场。
Potential Positives
潜在的积极因素
- 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.
- 宣布150万美元的股票回购计划标志着公司对其财务健康状况和未来增长潜力的信恳智能。
- 该计划旨在向股东回报价值，表明了公司对提升股东回报和市场信心的承诺。
- 约翰·基勒，董事会主席兼首席执行官，将该股票描述为"显著低估"，这可能会吸引投资者的兴趣和参与。
- 蓝星食品强调其作为一家综合性的esg可持续海鲜公司的地位，强化了其将环境和社会治理视为战略资产的承诺。
Potential Negatives
潜在负面影响
- 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.
- 股票回购计划可能表明公司缺乏即时的增长机会，因此需要将资本返回给股东，而不是再投资于业务扩展。
- 回购计划可以在没有通知的情况下随时暂停、修改或停止，这可能表明对财务稳定运营缺乏承诺或信心。
- 股票被"显著低估"的声明可能暗示外部对市场表现不佳或财务不稳定的看法，从而可能损害投资者信心。
FAQ
FAQ
What is Blue Star Foods Corp.'s stock buyback program?
蓝星食品公司的股票回购计划是什么？
Blue Star Foods announced a stock buyback program to repurchase up to $1.5 million of its common stock.
蓝星食品宣布将回购高达150万美元的普通股。
Why is Blue Star Foods implementing a stock buyback?
蓝星食品为什么要实施股票回购？
The buyback reflects the company's confidence in its business and belief that its stock is undervalued.
此次回购反映了公司对其业务的信恳智能和认为其股票被低估。
How will the stock repurchases be conducted?
股票回购将如何进行？
The shares will be repurchased in the open market based on various factors including price and market conditions.
股票将在公开市场上根据价格和市场条件等各种因素进行回购。
Is there an obligation for Blue Star to repurchase shares?
蓝星是否有义务回购股票？
No, the program does not obligate the company to repurchase any specific number of shares.
不，该计划并不要求公司回购任何特定数量的股票。
Where can I find more information about Blue Star Foods?
在哪里可以找到关于蓝星食品的更多信息？
More information can be found on the corporate website:
更多信息可以在公司官网找到：
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.
免责声明：这是由GlobeNewswire分发的新闻稿的人工智能生成摘要。用于总结这份稿件的模型可能会出错。请在这里查看完整发布。
$BSFC Hedge Fund Activity
$BSFC对冲基金活动
We have seen 0 institutional investors add shares of $BSFC stock to their portfolio, and 11 decrease their positions in their most recent quarter.
我们看到0位机构投资者在最近一个季度增加了$BSFC股票的持股，11位机构投资者减少了他们的持仓。
Here are some of the largest recent moves:
以下是一些最近最大的交易动态：
- 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
- 瑞银集团在2024年第二季度从其投资组合中剔除了230,340股（-100.0%）。
- Susquehanna国际集团在2024年第二季度从其投资组合中剔除了96,703股（-100.0%）。
- Two Sigma证券在2024年第二季度从其投资组合中剔除了73,838股（-100.0%）。
- Citadel Advisors LLC在2024年第二季度从其投资组合中剔除了67,290股（-100.0%）。
- Geode Capital Management LLC在2024年第二季度从其投资组合中剔除了65,202股（-100.0%）。
- HRt FINANCIAL LP在2024年第二季度从其投资组合中移除了26,072股（-100.0%）
- CUBISt SYSTEMATIC STRATEGIES, LLC在2024年第二季度从其投资组合中移除了19,511股（-100.0%）
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要追踪对冲基金的股票组合，请查看Quiver Quantitative的机构持股仪表板。
Full Release
全面发布
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.
佛罗里达州迈阿密，2024年11月26日（环球新闻）-- 蓝星食品公司（“蓝星”，“公司”，“我们”，“我们的”或“我们”）（纳斯达克：
BSFC
)
，一家集成了环保母基、社会和治理（esg）可持续海鲜公司的，因为专注于循环水养殖系统（RAS），今天宣布了一项股票回购计划，以回购价值最高达150万的公司普通股。
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.
根据该计划，公司有权随时在公开市场回购其股票。任何回购的时机和数量将取决于各种因素，包括价格、交易量、一般市场条件和其他公司考虑因素。回购计划不要求公司回购任何特定数量的股份，可能在任何时候暂停、修改或终止而无需提前通知。
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."
蓝色星海鲜公司董事长兼首席执行官约翰·基勒评论说：“我们很高兴宣布这项股票回购计划，这反映了我们对蓝色星强劲增长的业务的信心。我们相信我们的股票被严重低估。这一回购计划代表了向我们股东回报价值的有吸引力机会。”
About Blue Star Foods Corp. (NASDAQ:
BSFC
)
关于蓝星食品公司（纳斯达克：
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:
蓝星食品公司是一家集成的环保母基、社会和治理（esg）可持续海鲜公司，专注于循环水养殖系统（RAS），加工、包装和销售高价值的海鲜产品。公司相信其在资源可持续管理和可追溯性及生态包装方面采用了最佳技术。公司还拥有并经营北美最古老的持续运营的循环水养殖系统（RAS）全生长三文鱼养殖场。公司位于佛罗里达州迈阿密，其公司官网是：
Forward-Looking Statements:
前瞻性声明：
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.
上述资料可能包含《证券法》第27A条和《证券交易法》第21E条的"前瞻性声明"，每一项均已修订。前瞻性声明包括所有不仅涉及历史或现行事实的声明，还包括不限于关于公司产品开发和业务前景的声明，可通过使用"可能"，"将"，"期望"，"规划"，"估计"，"预期"，"计划"，"相信"，"潜在"，"应该"，"继续"或这些词的否定形式或其他可比较的词语来识别。前瞻性声明不是未来行动或绩效的保证。这些前瞻性声明基于公司当前可获得的信息以及当前的计划或期望，并受可能会显着影响当前计划的一系列风险和不确定性。有关公司业务的风险在公司于2023年12月31日结束的年度10-k表中有详细描述，以及其他定期和现行报告提交给美国证券交易委员会。公司无需且明确否认有义务更新或更改其前瞻性声明，无论是基于新信息、未来事件还是其他情况。
Investor Contacts:
investors@bluestarfoods.com
投资者联系方式：
investors@bluestarfoods.com
