AMTD Digital Inc. Announces $30M Share Repurchase Program
Portfolio Pulse from Benzinga Newsdesk
AMTD Digital Inc. has announced a $30 million share repurchase program. The move is aimed at returning value to shareholders and shows confidence in the company's future prospects.
August 22, 2023 | 1:16 pm
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AMTD Digital Inc.'s announcement of a $30 million share repurchase program could potentially boost the company's stock price in the short term.
Share repurchase programs are often seen as a sign of a company's confidence in its future prospects. By reducing the number of shares outstanding, it can increase earnings per share and potentially boost the stock price. Therefore, this news is highly relevant and important for AMTD Digital Inc.'s investors.
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