Trump Media & Technology Group Corp. (TMTG), the parent company of Truth Social, has announced a $400 million stock buyback program.

Always keep an eye on stock buybacks. Most of them increase shareholder value by reducing the total number of outstanding shares, which then increases the value of a stock.  Essentially, it’s a company’s way of reinvesting in itself and rewarding shareholders.

Trump Media and Technology Group Corp., the parent company of the president’s social media platform Truth Social, will buy back $400 million of its shares.