Silo Pharma shares surge 15.65% intraday after announcing $1M stock repurchase plan to boost shareholder value.
ByAinvest
Tuesday, Feb 24, 2026 9:57 am ET1min read
SILO--
Silo Pharma surged 15.65% intraday, with the company announcing a $1 million stock buyback program authorized on February 23, 2026, to repurchase shares in open markets or private transactions to enhance shareholder value. The firm focuses on developing innovative drugs for PTSD, stress-induced anxiety disorders, fibromyalgia, and CNS diseases, including SPC-15, which is planned to submit an IND application for PTSD treatment.
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