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NETE Buyback image

Net Element International, Inc. Buyback

OLI recorded this information on 12/11/2012

Company: Net Element International, Inc.
Buyback: NETE buyback
$Amount Authorized: $2,500,000
Buyback Details: Net Element International, Inc., a technology driven group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets, today announced that its Board of Directors adopted a plan to repurchase up to USD $2.5 million of issued and outstanding shares of Net Element's common stock in the open market or in privately negotiated transactions during the 24-month period ending December 10, 2014. Net Element currently has approximately 28.3 million shares of common stock outstanding.

Net Element is a holding company. Through its subsidiaries, Co. is a global technology and solutions group that supports electronic payments acceptance. Co.'s segments include: North American Transaction Solutions, which provides a range of payment acceptance solutions at the point-of-sale (POS), including Merchant Acquiring, e-commerce, mobile commerce, POS and other business solutions; and International Transaction Solutions, which provides a range of online and mobile solutions that simplify enterprise online transaction processing challenges from payment acceptance and processing through risk prevention and payment security via point-to-point encryption and tokenization solutions.
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NETE — Key Stats (updated Fri., Nov. 5, 10:23 AM)
Company Name:  Mullen Automotive Inc
Stock buyback:  NETE buyback
Website:  www.netelement.com
Sector:  Application Software
 

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April 19, 2024  •  2:39 AM Eastern
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