Nisun International Enterprise Development Group Co., Ltd (NISN), Monday announced that it has inked a $50 million agreement with Sichuan Yingdafeng Agricultural Technology Co. to procure high-quality yellow corn over the next 12 months.
All shipments will adhere to China's national food safety and quality standards, bolstering Nisun's expanding presence in the domestic grain supply network.
In a move to enhance long-term shareholder value, Nisun will continue its ongoing stock repurchase program, reflecting management's confidence in the company's performance and belief that its shares remain undervalued.
NISN is currently trading at $4.97, down $0.31 or 5.90 percent on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.