gdog
3月前
Here's the artical I was referring to 3 m not 5 m but has to be done by Sept 1 sure hope somehow they bought the 3 m shares back
OTC Disclosure & News Service
Titan NRG, Inc. (TTNN) Announces Share Repurchase Program
Press Release | 09/11/2023
TUCSON, AZ, Sept. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Titan NRG, Inc. ("Titan NRG" OTC: TTNN), a leader in downstream energy and transportation through its wholly-owned subsidiaries, announces that its Board of Directors has approved a share repurchase program with authorization to purchase up to 3,000,000 shares of its preferred and/or common stock through September 1, 2024.
Titan NRG's commitment to its stock buyback program is a strategic move that will have a positive impact on the company's future. The company will be looking to purchase up to 3,000,000 shares of certain preferred and common shares over the next year. Titan NRG aims to reduce the potential dilution that could occur in the future, sending a clear signal of its commitment to shareholders. This proactive approach demonstrates the company's dedication to maintaining a strong position in the market.
OTC Disclosure & News Service
Titan NRG, Inc. (TTNN) Announces Share Repurchase Program
Press Release | 09/11/2023
TUCSON, AZ, Sept. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Titan NRG, Inc. ("Titan NRG" OTC: TTNN), a leader in downstream energy and transportation through its wholly-owned subsidiaries, announces that its Board of Directors has approved a share repurchase program with authorization to purchase up to 3,000,000 shares of its preferred and/or common stock through September 1, 2024.
Titan NRG's commitment to its stock buyback program is a strategic move that will have a positive impact on the company's future. The company will be looking to purchase up to 3,000,000 shares of certain preferred and common shares over the next year. Titan NRG aims to reduce the potential dilution that could occur in the future, sending a clear signal of its commitment to shareholders. This proactive approach demonstrates the company's dedication to maintaining a strong position in the market.
Furthermore, by embracing this share repurchase program, Titan NRG showcases its unshakable confidence in the strength of its financial foundation. This confidence resonates with both existing and prospective investors, who can rest assured knowing that the company is unwavering in its mission to protect their interests and actively work towards maximizing shareholder value.
Titan may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The authorization expires on September 1, 2024, it may be suspended or discontinued at any time and it does not obligate the company to acquire any amount of its common or preferred stock.
Further information for Titan NRG, Inc. can be accessed on the OTC Markets website at: https://www.otcmarkets.com/stock/TTNN/overviewFurthermore, by embracing this share repurchase program, Titan NRG showcases its unshakable confidence in the strength of its financial foundation. This confidence resonates with both existing and prospective investors, who can rest assured knowing that the company is unwavering in its mission to protect their interests and actively work towards maximizing shareholder value.
Titan may repurchase shares from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The authorization expires on September 1, 2024, it may be suspended or discontinued at any time and it does not obligate the company to acquire any amount of its common or preferred stock.
Further information for Titan NRG, Inc. can be accessed on the OTC Markets website at: https://www.otcmarkets.com/stock/TTNN/overview
gdog
4月前
Titan NRG, Inc. Secures Major Propane Contract With Southern Arizona Reservation
UCSON, AZ / ACCESSWIRE / August 7, 2024 / Titan NRG, Inc. ("Titan NRG") (OTC PINK:TTNN), a leader in downstream energy and transportation through its wholly owned subsidiaries, announces the award of a 150,000-gallon contract.
Alex R. Majalca Jr ., president and CEO of Titan NRG, Inc. , proudly announces a new milestone for the company - a substantial contract for the sale of 150,000 gallons of propane over the next year to a southern Arizona reservation. This contract has been awarded to a subsidiary of Titan NRG, Inc. , symbolizing a significant leap forward in its business ventures.
This agreement not only marks an impressive stride for the company, but it also serves as a testament to the trust and reliability associated with the Titan NRG, Inc. name. The new contract leverages the impeccable reputation of the brand, known for its provision of top-tier energy solutions.
The delivery of 150,000 gallons of propane throughout the year presents a new task for the company but, under the leadership of Alex R. Majalca Jr ., the Titan NRG, Inc. team is more than prepared to rise to the challenge. The team's commitment to excellence in service delivery and customer satisfaction has enabled the company to stand head and shoulders above in the industry.
This propane supply contract signifies a major step forward in Titan NRG, Inc.'s growth strategy, promising more opportunities down the line. Alex R. Majalca Jr . acknowledges the importance of this milestone, stating, "We are excited about this opportunity and are ready to surpass expectations."
Looking forward, this pivotal deal showcases Titan NRG, Inc.'s ability to carry out substantial contracts and maintain excellent relations with its partners. The southern Arizona reservation deal serves as a testament to both the company's reliability and capacity for bigger, more substantial projects in the future.
About Titan NRG Inc. :
Titan NRG is a holding company that operates as a downstream energy and transportation company through its wholly owned subsidiaries. NRG Dynamics currently has 25+ transports operating in eight states. APE Fuels offers retail and commercial propane, serving southern Arizona with 1,500+ leased tanks and 2,500+ customers. Vespene handles wholesale purchasing and sales of LPG products. NRG Rail has a long-term lease on a new 18-car rail facility in Tucson with approved 1.2mm gallons of propane/butane storage. Titan NRG focuses on vertical integration while expanding operations to cover product transfer and sales from the refinery to retail. This business model is a win for the company, customers, and shareholders. Additionally, this model can be replicated in other regions.
www.titannrg.com