Alset Approves $1M Stock Buyback

Dow Jones

2025/06/24

By Katherine Hamilton

Alset has authorized a stock buyback program of up to $1 million.

The holding company, which is involved in several industries including real estate and biohealth, said Monday the repurchases will be made through Dec. 31 or until the buybacks hit $1 million.

Alset had about 11.7 million shares as of June 23. The stock was up 2% to 95 cents in after-hours trading.

Chief Executive Chan Heng said the current stock price doesn't reflect the company's value. The buyback demonstrates management's confidence in Alset's long-term prospects and provides flexibility to capitalize on market opportunities, Heng said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

June 23, 2025 16:39 ET (20:39 GMT)

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The buyback demonstrates management's confidence in Alset's long-term prospects and provides flexibility to capitalize on market opportunities, Heng said. \n</p>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 23, 2025 16:39 ET (20:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AEI","symbol_name":"Alset EHome International Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2545344030","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545344030","pubTimestamp":1750711140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Alset has authorized a stock buyback program of up to $1 million.The holding company, which is involved in several industries including real estate and biohealth, said Monday the repurchases will be made through Dec. 31 or until the buybacks hit $1 million.Alset had about 11.7 million shares as of June 23. 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The stock was up 2% to 95 cents in after-hours trading. \n\n\n  Chief Executive Chan Heng said the current stock price doesn't reflect the company's value. The buyback demonstrates management's confidence in Alset's long-term prospects and provides flexibility to capitalize on market opportunities, Heng said. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 23, 2025 16:39 ET (20:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}