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0 0 0.0516853932584269 0.0516853932584269 0.0516853932584269 0.0449438202247191 0.0786516853932583 0.0943820224719101
Stock impact report

Ispire Technology Inc. Announces Stock Repurchase Program

Ispire Technology Inc. (ISPR) 
Company Research Source: PR Newswire
LOS ANGELES, Jan. 22, 2025 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, today announced that its Board of Directors has approved a stock repurchase program authorizing Ispire to repurchase up to $10 million of its common stock over the next 24 months."Our share repurchase authorization reflects the confidence we have in the growth of our overall business as well as the development of the strategic investments we have made to position the Company for future success," said Michael Wang, Co-Chief Executive Officer. "The progress we have made in expanding our margins is allowing us to begin returning capital to shareholders. Given the current capital markets environment, we believe starting our share repurchase program now is an excellent opportunity to buy our common stock at a significant discount to their intrinsic value and represents an attractive investment to potential shareholders." Under Show less Read more
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