Abundia Global Impact Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $40.2M
- Price
- $0.9105
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.28%
- Volume
- 134.9K
About
Abundia Global Impact Group Inc. functions as an independent energy firm, specializing in the exploration, development, and extraction of natural gas, crude oil, and condensate. Its operations span both the United States, notably the Texas Permian Basin and the onshore Gulf Coast areas of Texas and Louisiana, and Colombia in South America. By December 31, 2021, the company held interests in four distinct wells.
Quick stats
Shares outstanding44.2M
Computed float12.0M
Float / shares27.1%
Cash runway (months)14.2
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001156041
Websitehttps://abundiaimpact.com
AI Summary
AI-generated1/15
standardbullishbuyback
Abundia Global Impact Group Announces Authorization of $5 Million Stock Buyback Program
Abundia Global Impact Group's Board authorized a $5 million stock buyback program, representing up to approximately 12% of the outstanding float based on current prices.
Management stated the program reflects confidence that the stock is undervalued and complements the recent retirement of convertible debt through a new credit facility.
The buybacks are intended to support listing compliance with the NYSE American and will be executed at management's discretion through open market or private transactions.
Red flags
- Buyback program partly intended to support listing compliance with NYSE American