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ZKH Group Limited Announces New Share Repurchase Program
Prnewswireยท 2025-06-13 10:00
Core Viewpoint - ZKH Group Limited has announced a new share repurchase program, allowing the company to buy back up to US$50 million worth of its shares over the next 12 months, reflecting confidence in its intrinsic value and long-term growth prospects [1][3]. Company Overview - ZKH Group Limited is a leading maintenance, repair, and operations (MRO) procurement service platform in China, leveraging robust supply chain capabilities and innovative technology to serve a global customer base [4]. - The company operates through multiple online platforms, including the ZKH platform, GBB platform, and Northsky platform, providing tailored MRO procurement solutions aimed at reducing costs and improving management efficiency [4]. Financial Strategy - The share repurchase program will be funded from the company's existing cash balance, indicating a strong financial position [2]. - The program is expected to be executed through various means, including open market purchases and privately negotiated transactions, depending on market conditions [2]. Management Commentary - The Chairman and CEO of ZKH expressed strong confidence in the company's business model and its ability to drive sustainable growth, supported by a healthy balance sheet and effective strategic execution [3].
BILL (BILL) - 2025 Q3 - Earnings Call Transcript
2025-05-08 21:30
BILL Holdings (BILL) Q3 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to Bill's Third Quarter twenty twenty five Earnings Conference Call. Joining us for today's call are Bill's CEO and Founder, Rene Lacerte President and CFO, John Retik and Vice President of Investor Relations, Karen Sandsock. With that, I'd like to turn the call over to Karen Sandlot for introductory remarks. Karen? Speaker1 Thank you, operator. Welcome to Bill's fiscal third quarter twenty twenty five e ...