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0.00251543562771551 -0.0258403841756232 -0.0985593414132175 -0.206037045506517 -0.417790990166934 -0.367020352160988 -0.3382986508118 -0.332343928653099
Stock impact report

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 Show less Read more
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