AMTD Digital shares are trading higher after the company announced a $30 million share repurchase program.
Portfolio Pulse from Benzinga Newsdesk
AMTD Digital has announced a $30 million share repurchase program, leading to a rise in its stock price.

August 22, 2023 | 4:30 pm
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AMTD Digital's stock price is expected to rise in the short term due to the announced $30 million share repurchase program.
Share repurchase programs are typically seen as a sign of a company's confidence in its own stock, leading to increased investor confidence and a potential rise in stock price. Given that AMTD Digital has announced a $30 million share repurchase program, it is likely that this will lead to a short-term rise in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100