Exela Technologies Reports Share Buyback of up to 100 Million Shares of Common Stock at USD 1 per share
Exela Technologies, Inc. (NASDAQ: XELA) reported commencement of an offer to holders of Exela’s outstanding shares of common stock to exchange up to 100,000,000 shares of Common Stock for up to USD 100 Million aggregate principal amount of its unsecured 6% senior notes due 2029. Par Chadha, Exela’s Executive Chairman, noted, “After deploying more than $400 …