AMTD IDEA Group Announces a New Share Repurchase Program
2024年2月14日 - 11:17PM
ビジネスワイヤ(英語)
AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB)
announced today that its board of directors has authorized a new
share repurchase program under which the Company may repurchase up
to US$20 million of its American depositary shares or ordinary
shares until the end of the last business day of the first quarter
in 2024, U.S. Eastern Time. The Company plans to adopt and
implement this share repurchase program in accordance with
applicable rules and requirements under the Securities Exchange Act
of 1934, as amended, and the Company’s insider trading
policies.
The Company’s proposed repurchases may be made from time to time
in the open market at prevailing market prices, in privately
negotiated transactions, in block trades and/or through other
legally permissible means, depending on market conditions and in
accordance with applicable rules and regulations. The timing and
dollar amount of repurchase transactions will be subject to the
Securities and Exchange Commission Rule 10b-18 and Rule 10b-5
requirements. The Company’s board of directors will review the
share repurchase program periodically and may authorize adjustment
of its terms and size.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified
institution and digital solutions group connecting companies and
investors with global capital markets. Its comprehensive one-stop
business services plus digital solutions platform addresses
different clients’ diverse and inter-connected business needs and
digital requirements across all phases of their life cycles as well
as hospitality and VIP services. Through our unique eco-system –
the "AMTD SpiderNet" - AMTD IDEA Group is uniquely positioned as an
active superconnector between clients, business partners, investee
companies, and investors, connecting the East and the West. For
more information, please visit www.amtdinc.com or follow us on X
(formerly known as “Twitter") at @AMTDGroup.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Statements that are not historical facts,
including statements about the beliefs, plans, and expectations of
AMTD IDEA Group are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in the
filings of AMTD IDEA Group with the SEC. All information provided
in this press release is as of the date of this press release, and
AMTD IDEA Group does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240214261941/en/
IR Office AMTD IDEA Group ir@amtdinc.com
AMTD IDEA (NYSE:AMTD)
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