GigaCloud Technology Inc (Nasdaq: GCT), a leader in global B2B technology solutions, announced a new share repurchase program valued at $111 million. The program, approved by the Board of Directors, allows the company to buy back its Class A ordinary shares over the next three years. This initiative, effective from August 17, 2025, follows the successful appreciation of its share price by 163% since its IPO in 2022. With zero debt and positive operating cashflows, GigaCloud plans to leverage its strong financial position to enhance shareholder value through this buyback plan.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。