LQR House Inc. (the “Company” or “LQR House”) (NASDAQ:LQR), an ecommerce platform and marketing agency specializing in the spirits and beverage industry, updates investors on the progress of its Share Buyback Program.
On Tuesday, November 21, 2023, amidst record-low stock prices, LQR House strategically acquired 237,700 shares of its common stock at an average cost of $0.04813 per share, adhering to Rule 10b-18 guidelines.
Continuing its commitment, on Monday, November 27, 2023, LQR House further acquired 2,000,000 shares of common stock at an average cost of $0.030979 per share, aligning with Rule 10b-18 guidelines.
On Tuesday, November 28, 2023, the stock price experienced additional pressure due to market challenges. The Company opted to strategically repurchase shares at historically low values, underscoring its commitment to fulfilling the buyback program. On the same day, LQR House executed the acquisition of 813,022 shares of its common stock at an average cost of $0.0279 per share, in accordance with Rule 10b-18 guidelines.
