CLPS approves share repurchase program

CLPS (CLPS) announced that its Board of Directors has approved a share repurchase program. Under the program, the Company is authorized to repurchase up to 1,000,000 of its outstanding common shares in the open market at prevailing market prices, specifically when the Company’s share price is below $2.00 per share. The repurchase program is scheduled to commence on February 5, and will conclude on November 4. By implementing this program, the Board aims to reinforce the Company’s value proposition within the marketplace and safeguard long-term shareholder interests.