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TROOPS, Inc. (NASDAQ: TROO) Intends to Bolster Shareholder Value with Strategic Stock Repurchase
TROOPSTROOPS(US:TROO) Prnewswireยท2025-07-25 12:30

Core Viewpoint - TROOPS, Inc. has initiated a stock repurchase plan, demonstrating confidence in its long-term growth prospects and commitment to enhancing shareholder value through the reduction of outstanding shares [1][3]. Group 1: Stock Repurchase Details - On July 22, 2025, TROOPS entered into a Stock Repurchase Agreement to repurchase 4,400,000 shares at a price of US$0.90 per share, totaling US$3,960,000 [2]. - The closing of the Stock Repurchase Agreement occurred on July 24, 2025 [2]. Group 2: Impact on Shareholder Value - The strategic repurchase is expected to enhance shareholder value by potentially increasing earnings per share and strengthening the Company's capital structure [3]. Group 3: Company Overview - TROOPS, Inc. operates as a conglomerate engaged in various businesses, including money lending, property investment, online financial marketplace development, advisory services, and insurance consultancy [4]. - The Company's vision is to create a sustainable ecosystem that generates value for its shareholders [4].