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NASDAQ:LTRX News 28 January 2026

Lantronix stock jumps 26% in premarket as drone-defense AI tie-up grabs attention ahead of earnings

Lantronix stock jumps 26% in premarket as drone-defense AI tie-up grabs attention ahead of earnings

New York, Jan 28, 2026, 08:52 EST — Premarket Lantronix Inc shares surged roughly 26% in premarket trading Wednesday, building on gains driven by news of a new defense-focused partnership. The stock was last seen at $8.68, up from Tuesday’s close of $6.89. (StockAnalysis) This move is significant since Lantronix is a lightly traded small-cap stock, where momentum can quickly…

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  • SBM Offshore Nears Completion of EUR141 Million Share Buyback Program
    January 28, 2026, 2:06 PM EST. SBM Offshore disclosed details of its ongoing EUR141 million (approximately USD150 million) share repurchase initiative as of January 28, 2026. The program, started on April 24, 2025, aims to reduce share capital and support employee programs. As of the latest update, the company has completed 90.69% of the buyback, spending around EUR128 million to repurchase 5.75 million shares at an average price of EUR22.28 each. In the last five trading days alone, SBM acquired 98,383 shares at an average price of EUR30.61, spending just over EUR3 million. Purchases were executed via Euronext Amsterdam, CBOE DXE, and Turquoise exchanges. SBM Offshore is a leader in deepwater ocean infrastructure, focusing on cleaner energy and the blue economy.
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