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DeFi Development approves open-ended CHAD preferred buyback
The program would repurchase CHAD preferred stock on an ongoing basis if the shares trade below their $10 par value, according to The Block.
Solana treasury firm DeFi Development has approved an open-ended program to repurchase CHAD preferred stock, according to The Block.
The buyback program is set to apply if the preferred shares trade below their $10 par value, the outlet said.
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