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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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