Category Labs has expanded the public market token buyback authorization for MON to $80 million and extended it through the end of 2026.
TechFlame
2026-04-30 05:22
TechFlame2026-04-30 05:22
English
According to a statement from Category Labs, the company has expanded its open market token buyback authorization from its previous cap to a maximum of $80 million, with the execution period extended through the end of 2026.
It noted that any buyback may be initiated, paused, or terminated at its sole discretion at any time, subject to applicable laws and regulations. This update does not constitute a commitment to repurchase a specific number of tokens, but rather reflects its intention to consider buybacks opportunistically based on market conditions.