High-Trend International Group (HTCO)has approved a new share repurchase program. Under this program, the company is authorized to repurchase up to $5.0M of its Class A ordinary shares, each with a par value of $0.0025. The Share Repurchase Program is set to expire on August 23, 2027. Repurchases under the program are expected to be funded using the company’s existing cash and future operating cash flows. All shares repurchased will be returned to treasury and cancelled.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HTCO:
- High-Trend International Group Regains Nasdaq Compliance
- High-Trend International Group regains Nasdaq compliance
- High-Trend International Group trading resumes
- High-Trend International Group trading halted, volatility trading pause
- High-Trend International Group Reports Increased Revenue but Faces Operating Loss
