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0.0170132325141777 0.0170132325141777 0.0170132325141777 0.0170132325141777 0.00756143667296787 0.0113421550094519 0.0185066162570889 0.0396975425330813
Stock impact report

NETSOL Technologies Announces $5 Million Stock Repurchase Program

NETSOL Technologies Inc. (NTWK) 
Last netsol technologies inc. earnings: 2/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netsoltech.com
Company Research Source: GlobeNewswire
CALABASAS, Calif., May 30, 2019 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, announced that its Board of Directors has approved a stock repurchase program that authorizes potential repurchases of up to $5 million of its common stock over the next twelve months. The planned repurchase program will occur in two six-month phases. The first phase allows for execution of up to $2.5 million in share repurchases during an initial six-month period beginning on May 30, 2019 and expiring on November 30, 2019. After the date of initial expiration, management will have the option to approve a secondary phase, which will cover up to $2.5 million in additional share repurchases for another six-month period. “Based on the continued strong performance of our core business, which has been driven by the growth of our flagship NFS AscentTM platform, we feel that our company’s shares present a compelling invest Show less Read more
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