Article in AP by Staff, 6/23/25

Headline:  “With its stock in sharp decline, Trump’s media company will buy $400 million of its own shares”

“President Donald Trump’s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. . .”

“The company said early this year that it lost $400.9 million in 2024 and its annual revenue declined 12% to $3.6 million.

“After winning the U.S. presidential election in November, Trump transferred all of his shares in the company — worth around $4 billion on paper — as a gift to the Donald J. Trump Revocable Trust. Trump’s shares amounted to more than half of the company’s stock. . .”

Read the full article at:

https://apnews.com/article/trump-media-buyback-stock-truth-social-385a1389bbc8508477fb272a4bfcf179