Category Labs expands MON's open market repurchase authorization to $80 million

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BlockBeats News, April 30 — Category Labs announced today that it has increased its potential public market purchase authorization limit to $80 million and extended the buyback period to the end of 2026.

Category Labs stated that any buyback actions will be carried out at the market’s discretion, possibly initiated, paused, or terminated based on the company’s judgment, and will strictly comply with relevant laws and regulations. This update does not constitute a commitment to buy back any specific amount of tokens, but reflects the company’s intention to consider opportunistic purchases under favorable market conditions.

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