Spark completes its first-month share buyback, spending about 572k USDS to purchase 26.66 million SPK.

GateNews
SPK3,43%

Gate News, on April 6, according to Yu Jin monitoring, Spark’s first month of buyback transactions was completed half an hour ago. It spent 571,957 USDS to buy 26.66 million SPK at an average price of $0.0215. The 26.66 million SPK bought back over one month is about 1% of SPK’s circulating supply, and its buyback plan is expected to run for 12 months. Based on this figure, a rough estimate suggests that a one-year buyback could repurchase 12% of the circulating supply of SPK—about 320 million SPK ($6.86 million).

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