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Trump Media, the parent of President Donald Trump's social-media platform Truth Social, announced a $400 million stock-repurchase program, which could reduce the number of shares outstanding by 10%.
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With its stock in sharp decline, Trump's media company will buy $400 million of its own shares AP NewsTrump Media approves $400 million stock buyback CNBCTrump Media Share Buyback to be Funded Separately From BTC Treasury Strategy CoinDeskTruth Social parent company announces $400 million stock buyback The Washington Post
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