Core Viewpoint - High-Trend International Group has announced a new share repurchase program, allowing the company to buy back up to $5.0 million of its Class A ordinary shares, which reflects confidence in the company's long-term value for shareholders [1][3]. Group 1: Share Repurchase Program Details - The share repurchase program is authorized for up to $5.0 million and will expire on August 23, 2027 [1]. - The company may repurchase shares through various means, including open market purchases and block trades, in compliance with regulatory requirements [2]. - Repurchases will be funded using existing cash and future operating cash flows, with all repurchased shares returned to treasury and cancelled [3]. Group 2: Management Discretion and Conditions - The timing, volume, and execution of share repurchases will be at the discretion of management, influenced by share price, market conditions, and the company's capital position [2][4]. - The program does not obligate the company to acquire a specific number of shares and may be adjusted or terminated based on market conditions [4].
High-Trend International Group Announces $5 Million Share Repurchase Program