Euro Tech Holdings Company Limited Announces Stock Repurchase Program

Core Viewpoint - Euro Tech Holdings Company Limited has announced a share repurchase program for up to 350,000 shares at an aggregate price of up to $500,000, indicating confidence in the company's future and undervaluation in the current stock price [1][2]. Group 1 - The Board of Directors has approved a program to repurchase up to 350,000 shares of its ordinary shares [1]. - The total purchase price for the repurchase program is set at up to $500,000 [1]. - The company plans to execute the repurchase in the open market or through negotiated transactions over the next 12 months based on market conditions [1]. Group 2 - The Board expresses a high degree of confidence in the company's future, believing that this expectation is not reflected in the current stock price [2]. - The current stock price is reported to be significantly lower than the company's net asset value on a per share basis [2].