Nisun International Announces $15 Million Share Repurchase Program
NiSun Intl Enterprise Development Group Co, Ltd - Class A Common Shares (NISN)
Company Research
Source: PR Newswire
SHANGHAI, China, Oct. 9, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced that its Board of Directors has approved a share repurchase program under which the Company may purchase up to $15 million of its outstanding Class A common shares over the next 12 months.Repurchases under this program may be made from time to time in the open market at prevailing market prices, depending on market conditions and other factors. The repurchase program will be funded using cash on hand and profits generated from the Company's operations.The share repurchase program reflects Nisun International's confidence in its business outlook and long-term growth prospects. By reducing the total number of shares outstanding, the program is expected to enhance shareholder value by increasing earnings per share (EPS).Mr. Xin Liu, CEO o
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News
- Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain SynergiesPR Newswire
- Nisun International Expands Fully into the Rubber Supply Chain Industry by Signing Supply Chain Contracts with an Initial Order of Approximately $13.5 MillionPR Newswire
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback Program [Yahoo! Finance]Yahoo! Finance
- Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback ProgramPR Newswire
- Nisun International Enters Strategic Partnership with Beijing Tong Ren Tang to Source Traditional Chinese Medicine IngredientsPR Newswire
NISN
Sec Filings
- 11/12/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/30/24 - Form 6-K
- NISN's page on the SEC website