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IQSTEL launches share buyback of up to 1,000,000 shares

PUBT · 06/08 13:23

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IQSTEL launches share buyback of up to 1,000,000 shares

Iqstel launched a share repurchase program authorizing buybacks of up to 1,000,000 common shares.
Funding to come in whole or in part from cash dividends received from subsidiary QXTEL.
Management cited a valuation disconnect, noting no outstanding convertible notes or warrants.
Iqstel also referenced a binding MOU to buy 51% of Ultranet Telecom Group, targeting about $4.5 million in annual net income.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iqstel Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606080922PR_NEWS_USPR_____FL78145) on June 08, 2026, and is solely responsible for the information contained therein.

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