AMTD IDEA Extends Share Repurchase Program Till Last Day Of Q1 In 2024
Portfolio Pulse from Benzinga Newsdesk
AMTD IDEA Group (NYSE:AMTD) has announced an extension of its existing share repurchase program until the end of Q1 2024. The program was previously announced on August 22, 2023, and updated on September 22, 2023.
October 24, 2023 | 1:41 pm
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AMTD IDEA Group's extension of its share repurchase program could potentially increase the stock's value in the short term.
Share repurchase programs are generally seen as a positive signal by the market as they indicate that the company believes its shares are undervalued. This could potentially lead to an increase in the stock's value in the short term.
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IMPORTANCE 70
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