Dividends & Buybacks ·
Reitar Logtech Holdings Limited announced that its Board of Directors authorized a share repurchase program allowing…
RITRReitar Logtech Holdings Ltd
Reitar Logtech Holdings Limited announced that its Board of Directors authorized a share repurchase program allowing the company to buy back up to $3.0 million of its outstanding Class A ordinary shares. The repurchases may be executed from time to time via open market purchases, privately negotiated transactions, block trades, or other legally permissible means at prevailing prices. Funding is expected to come from existing cash balances, and the program does not obligate the company to acquire a specific number of shares. Reitar Logtech Holdings Limited operates in the smart logistics and automated warehousing sector.