Metavesco, Inc. (OTC: MVCO), a diversified holding company, has successfully completed the buyback of 200 million shares of its common stock, a move that underscores the company's dedication to bolstering shareholder value. The repurchased shares are set to be returned to the treasury for cancellation, marking a significant reduction in the company's issued and outstanding common stock by over 5%.
Ryan Schadel, President and CEO of Metavesco, emphasized the buyback as a testament to the company's confidence in its growth trajectory and its focus on improving per-share metrics. The transaction, finalized on July 2, 2025, involved the purchase of the shares for $22,000 from a former affiliate, structured as a stock redemption in a private transaction.
This strategic share repurchase is part of Metavesco's broader efforts to strengthen its financial position, following initiatives such as the Bitcoin treasury project and the expansion of its staffing subsidiary, Epic Labor. The company aims to drive shareholder value through careful capital management, strategic asset growth, and operational efficiency across its diverse portfolio.
Metavesco's forward-looking approach includes plans for organic growth, strategic acquisitions, and innovative solutions to navigate the market. However, the company cautions investors that forward-looking statements involve risks and uncertainties, and actual outcomes may differ due to various factors beyond its control.
