Magic Empire Global announced that its board of directors has authorized a share repurchase plan under which the Company may repurchase up to US$2M of its shares over the next 12 months. The Company expects to fund repurchases made under this plan from its existing funds. MEGL‘s board of directors will review the share repurchase plan periodically, and may authorize adjustment of its terms and size.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MEGL:
- Magic Empire Global Limited Announces US$2 Million Share Repurchase Plan
- Magic Empire Global announces launch of corporate services
- Magic Empire Global Limited Announces Launch of Corporate Services
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue