Skycorp Solar (PN) announced its board of directors has approved the adoption of a Share Repurchase Programme, under which the Company plans to repurchase its ordinary shares for a maximum total consideration of up to $2,000,000. The purpose of the Programme is to optimize the Company’s capital structure, enhance earnings per share, and create long-term value for shareholders.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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 PN:
- Skycorp Solar receives noncompliance notification from Nasdaq
- Skycorp Solar Faces Nasdaq Compliance Challenge
- Skycorp Solar to acquire 24% equity interest in Nanjing Cesun Power for $8.7M
- Skycorp Solar Group Acquires Stake in Nanjing Cesun Power
- Skycorp Solar announces results of extraordinary general meeting