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Stock impact report

Lucas GC Limited Announces Status of US$6 Million Share Repurchase Program

Lucas GC Limited (LGCL) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, today announced that in terms of the share repurchase program that its board has approved, the Company has made purchases, in the period between October 29, 2024 to November 7, 2024, of 96,243 ordinary shares at an average purchase price per share of US$1.2189 and for an overall price of US$117,312.53 (excluding commissions and all other fees), which is gated by the daily trading volume of LGCL. Per the announcement made on August 8, 2024, the Company’s board of directors had authorized a share repurchase program under which the Company may repurchase up to US$6 million of its ordinary shares, the same gross amount of proceeds that it raised in its initial publi Show less Read more
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