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 strategic direction and its focus on improving per-share metrics. The transaction, finalized on July 2, 2025, involved the purchase of shares from a former affiliate for $22,000, structured as a stock redemption in a private transaction.
This share repurchase is part of Metavesco's broader strategy to strengthen its financial position, which includes initiatives like the Bitcoin treasury and the expansion of its staffing subsidiary, Epic Labor. The company aims to drive long-term growth through careful capital allocation, strategic asset management, and operational efficiency across its diverse portfolio.
While the press release contains forward-looking statements about the company's plans and expectations, it also cautions investors about the inherent risks and uncertainties that could influence future outcomes. Metavesco's commitment to transparency and strategic growth initiatives reflects its ongoing efforts to navigate the complexities of the market and deliver value to its shareholders.
