-
Gasly a 'class act' says Alpine boss after Monza pole
-
'Are we ready?' Oasis film captures band's frosty reunion
-
Athletic Bilbao crush Simeone's flat Atletico
-
Commemoration held for late Bosnian Serb war criminal Ratko Mladic
-
Stay far from battlefield, warns Japanese director in Vietnam War film
-
Haaland keeps new-look Man City perfect in Premier League, blunt Spurs held
-
Tens of thousands of Croatians protest over hazardous waste
-
Alpine's Gasly takes shock pole for Italian Grand Prix
-
Haaland heads unconvincing Man City top of Premier League
-
Nwaneri helps Dortmund to comeback win on Bundesliga debut
-
US envoys in Moscow as Russia and Ukraine vow not to hit capitals during talks
-
US military says destroys Iranian oil tankers after missile attacks
-
Motorsport governing body rejects Alpine boss's claims of bias
-
US envoys in Moscow for Ukraine war negotiations
-
US envoy on West Bank visit says Israel has responsibility for Palestinians
-
Commemoration held for late Serbian war criminal Ratko Mladic
-
Ethiopian Miss World contestant spotlights pain of sister's murder
-
Russell on top ahead of Hamilton in final Italian GP practice
-
'Leader' Raphinha rising to Barca striker challenge
-
Motorsport governing body rejects Alpine boss's claims of impartiality
-
Oasis fans gather in Venice for band reunion film
-
Flick hoping Barca's Yamal can face Valencia after knock
-
Two Nepal rescues revive hopes 10 days after flood
-
Trump envoys land in Moscow for Russia-Ukraine peace push
-
Pogacar to miss worlds after season-ending Vuelta crash
-
Russia hits Kyiv airports as Trump peace envoys awaited
-
Greenwood, Guendouzi handed bans after Fenerbahce-Lyon brawl
-
Nepal tunnel rescue revives hopes 10 days after flood
-
In Iceland, the mystery of the poet, the tomb and the Danish grocer
-
Indonesia rescues second orangutan mother and baby from wildfire
-
Ratko Mladic: Bosnian Serb commander to convicted war criminal
-
Box office magnet Robert Pattinson appears in paedophile thriller
-
Bolivian army base blasts kill two, wound dozens
-
How haze from Indonesian fires impacts Southeast Asia
-
Alcaraz, Sabalenka into US Open last 16 as Williams sisters lose on return
-
Trump sends envoys to Moscow, Kyiv with new plan to 'end war'
-
Williams sisters fall in thrilling return to US Open doubles
-
'Mini-dictatorship': Students slam Argentina-run residence in Paris
-
Bangladesh measles toll nears grim 1,000-child mark
-
The disgraced banker stirring the pot in Brazil's Supreme Court
-
Bolivia farmers return to streets over diesel price hikes
-
OpAIda Opens Office at Plug and Play, Unveiling AI Strategy Across the Life Sciences Value Chain
-
Hilltop Painting Brings Trusted Interior and Exterior Painting to Whatcom and Skagit County Homes
-
New to The Street Broadcasts at 6:30 PM ET Across Bloomberg U.S., Latin America and MENA, Featuring Lantern Pharma (NASDAQ:LTRN), SafeSpace Global (OTCID:SSGC) and FreeCast (NASDAQ:CAST)
-
Panama Canal begins reducing crossings due to El Nino
-
Tetris distances itself from controversial White House 'arcade' games
-
Trump again seeks to remove protections for wolves
-
Africa bigger, US smaller - UN adopts new map
-
'Getting there' - Alcaraz into US Open last 16 along with Sabalenka
-
Bad weather will not affect All Blacks, says captain Savea
CBD Life Sciences Inc. (CBDL) Announces Open Market Share Buyback
Company Reports 3.5 billion Share Reduction from the Authorization
SCOTTSDALE, AZ / ACCESS Newswire / January 22, 2025 / CBD Life Sciences Inc. (OTC PINK:CBDL), a trailblazer in the CBD and wellness industries, is proud to announce a transformative financial milestone-the successful reduction of its authorized share count by an extraordinary 3.5 billion shares, with Transfer Agent Approval. This reduction represents a monumental step forward in the company's ongoing commitment to optimizing its capital structure and delivering long-term value to shareholders.
An open market share buyback program has also been initiated, signaling a robust vote of confidence in CBDL's growth strategy and financial stability. This strategic decision to repurchase outstanding shares over time underscores the company's dedication to bolstering shareholder equity, while simultaneously streamlining the share pool to improve earnings per share and overall market appeal.
What Does This Mean for Shareholders?
The reduction of 3.5 billion authorized shares is an unprecedented move that marks a turning point for CBDL and its stakeholders. By significantly decreasing the authorized share count, CBDL enhances its financial health, reduces dilution risks, and sets the stage for a more attractive investment profile.
This development aligns with the company's broader mission of strengthening shareholder value through disciplined financial management. The open market buyback plan not only demonstrates confidence in the company's future growth but also creates opportunities to:
Improve Earnings Per Share (EPS): With fewer shares outstanding, future earnings will be distributed among a smaller pool of shareholders, enhancing per-share profitability.
Attract New Investors: A reduced share count coupled with a clear commitment to financial optimization makes CBDL a more compelling investment option for both retail and institutional investors.
Signal Market Confidence: Share buybacks often serve as a strong indicator that the company's leadership believes its stock is undervalued, signaling potential for future growth.
A Strategic Move in a Transformative Year
This announcement comes at a pivotal time for CBDL, as the company continues to expand its footprint in the rapidly evolving CBD market. CBDL has made headlines with its innovative product launches, including the groundbreaking CBD Horse Paste-a veterinarian-designed formulation that provides physical and psychological support for horses-and the recently approved 3000MG Pain Relief Cream now available on Walmart Marketplace. Additionally, CBDL's flagship mushroom supplement powder, featuring reishi and lion's mane extracts, has garnered significant attention for its proven benefits in reducing stress, enhancing cognitive performance, and supporting immune health. These achievements, coupled with the strategic share buyback initiative, position the company for sustainable growth and long-term profitability.
"Reducing our authorized shares by 3.5 billion and implementing an open market share buyback program represents a clear demonstration of our commitment to delivering value to our shareholders," said Lisa Nelson, President and CEO of CBD Life Sciences Inc. "This milestone reflects not only our confidence in the company's current trajectory but also our dedication to creating a solid foundation for future success."
The Road Ahead
CBDL's decision to embark on this transformative journey is rooted in its unwavering dedication to transparency, fiscal responsibility, and shareholder enrichment. The company's leadership is focused on leveraging its strong market position and innovative product portfolio to achieve sustained financial performance.
For shareholders and prospective investors, this news represents a significant opportunity to be part of CBDL's journey as it continues to redefine industry standards and deliver exceptional value. With a reduced share count and a clear roadmap for growth, CBDL is poised to make substantial strides in the CBD and wellness markets.
About CBD Life Sciences Inc.
CBD Life Sciences Inc. (OTC PINK:CBDL) is an innovative company focused on the development and sale of high-quality CBD-based products. Through its commitment to research, innovation, and customer satisfaction, CBDL aims to enhance the health and wellness of its customers worldwide. With a diversified product line and strategic partnerships, the company continues to position itself as a leader in the dynamic CBD industry.
For more information about CBD Life Sciences, Inc. and its product offerings, visit www.thecbdvault.com
Follow our social media for the latest updates!
X: https://www.x.com/CBDL_StockOTC
Instagram: https://www.instagram.com/cbd.vault
IR Contact: [email protected]
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See CBD Life Sciences, Inc's, Inc.'s filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements.
Contact Information
Lisa Nelson
CEO
[email protected]
4802091720
SOURCE: CBD Life Sciences Inc.
View the original press release on ACCESS Newswire
M.O.Allen--AT