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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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: