Nisun International Announces $15 Million Share Repurchase Program
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), a technology-driven integrated supply chain solutions provider, has announced a $15 million share repurchase program approved by its Board of Directors. The program allows the company to buy back its outstanding Class A common shares over the next 12 months.
Key points:
- Repurchases will be made in the open market at prevailing prices
- Funded by cash on hand and profits from operations
- Aims to enhance shareholder value by increasing earnings per share
- Reflects confidence in business outlook and growth prospects
- Program may be adjusted, suspended, or discontinued based on market conditions
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), un fornitore di soluzioni integrate per la catena di approvvigionamento orientato alla tecnologia, ha annunciato un programma di riacquisto di azioni da 15 milioni di dollari approvato dal suo Consiglio di Amministrazione. Il programma consente all'azienda di riacquistare le proprie azioni ordinarie di Classe A in circolazione nei prossimi 12 mesi.
Punti chiave:
- I riacquisti saranno effettuati nel mercato aperto a prezzi correnti
- Finanziato con liquidità disponibile e profitti delle operazioni
- Puntano a migliorare il valore per gli azionisti aumentando gli utili per azione
- Riflette fiducia nelle prospettive aziendali e di crescita
- Il programma può essere modificato, sospeso o interrotto in base alle condizioni di mercato
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), un proveedor de soluciones integradas de cadena de suministro impulsado por la tecnología, ha anunciado un programa de recompra de acciones de 15 millones de dólares aprobado por su Junta Directiva. El programa permite a la empresa recomprar sus acciones ordinarias Clase A en circulación durante los próximos 12 meses.
Puntos clave:
- Las recompras se realizarán en el mercado abierto a precios actuales
- Financiado con efectivo disponible y beneficios de operaciones
- Busca mejorar el valor para los accionistas aumentando las ganancias por acción
- Refleja confianza en las perspectivas comerciales y de crecimiento
- El programa puede ser ajustado, suspendido o interrumpido según las condiciones del mercado
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), 기술 중심의 통합 공급망 솔루션 제공업체가 이사회에서 승인한 1,500만 달러 규모의 자사주 매입 프로그램을 발표했습니다. 이 프로그램은 회사가 향후 12개월 동안 미상환된 A 클래스 일반 주식을 매입할 수 있게 합니다.
주요 사항:
- 매입은 현재 가격의 공모 시장에서 이루어질 것입니다
- 회사 보유 현금 및 운영 이익으로 자금 조달
- 주당 순이익 증가를 통해 주주 가치를 증대하는 것을 목표로 합니다
- 사업 전망 및 성장 가능성에 대한 신뢰를 반영합니다
- 프로그램은 시장 상황에 따라 조정, 중단 또는 종료될 수 있습니다
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), un fournisseur de solutions intégrées de chaîne d'approvisionnement axé sur la technologie, a annoncé un programme de rachat d'actions de 15 millions de dollars approuvé par son Conseil d'Administration. Ce programme permet à l'entreprise de racheter ses actions ordinaires de Classe A en circulation au cours des 12 prochains mois.
Points clés:
- Les rachats seront effectués sur le marché libre aux prix en vigueur
- Financé par de la trésorerie disponible et des bénéfices des opérations
- Vise à améliorer la valeur pour les actionnaires en augmentant le bénéfice par action
- Réflecteur de la confiance dans les perspectives d'affaires et de croissance
- Le programme peut être ajusté, suspendu ou interrompu en fonction des conditions du marché
Nisun International Enterprise Development Group Co., (Nasdaq: NISN), ein technologieorientierter Anbieter integrierter Lösungen für die Lieferkette, hat ein Aktienrückkaufprogramm im Wert von 15 Millionen Dollar bekannt gegeben, das von seinem Vorstand genehmigt wurde. Das Programm ermöglicht es dem Unternehmen, seine ausstehenden A-Klasse-Stammaktien in den nächsten 12 Monaten zurückzukaufen.
Wichtige Punkte:
- Rückkäufe werden im freien Markt zu den aktuellen Preisen durchgeführt
- Finanziert aus vorhandenen Barmitteln und Gewinnen aus dem Geschäftsbetrieb
- Zielt darauf ab, den Aktionärswert durch Erhöhung des Gewinns pro Aktie zu steigern
- Spiegelt das Vertrauen in die Geschäftsaussichten und Wachstumsperspektiven wider
- Das Programm kann je nach Marktlage angepasst, ausgesetzt oder beendet werden
- Board approval of $15 million share repurchase program
- Potential increase in earnings per share (EPS)
- Use of cash on hand and operational profits for funding
- Demonstrates management's confidence in company's future
- Flexibility to adjust or suspend the program as needed
- Reduction in cash reserves that could be used for other investments
- No guarantee of positive impact on stock price
Insights
The announcement of a
Share repurchases can be positive for several reasons:
- They signal management's confidence in the company's future prospects and belief that the stock is undervalued.
- They can potentially boost earnings per share by reducing the number of outstanding shares.
- They provide a tax-efficient way to return value to shareholders compared to dividends.
However, investors should consider whether this is the best use of
This share repurchase program could have significant implications for Nisun International's stock performance and investor perception. The announcement may create a "price floor" effect, potentially stabilizing the stock in the short term. However, the long-term impact will depend on several factors:
- Execution: The timing and volume of repurchases can influence market dynamics.
- Financial performance: If the company delivers strong results, the repurchase could amplify positive sentiment.
- Market conditions: Overall market trends will still play a important role in stock performance.
Investors should monitor the company's quarterly reports for updates on the repurchase progress and its impact on financial metrics. It's also worth noting that while this move may boost confidence, it doesn't directly address any underlying business challenges or growth strategies that Nisun International may need to focus on.
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 of Nisun International, commented: "We believe that our current stock price does not fully reflect the underlying value of our business and the significant opportunities ahead of us. This repurchase program underscores our confidence in the Company's future and represents an efficient way to return value to our shareholders."
The Company's Board of Directors will review the share repurchase program periodically and may authorize adjustments of its terms and size. Nisun International is not obligated to purchase any specific number of shares under the program and may suspend or discontinue the repurchase program at any time, based on market conditions or other considerations.
About Nisun International Enterprise Development Group Co., Ltd
Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun International is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun International provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun International continues to deepen the field of industry segmentation through industrial and financial integration. Focusing on industry-finance linkages, Nisun International aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains information about Nisun International's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Nisun International encourages you to review other factors that may affect its future results in Nisun International's registration statement and in its other filings with the Securities and Exchange Commission. Nisun International assumes no obligation to update or revise its forward-looking statements as a result of new information, future events or otherwise, except as expressly required by applicable law.
Contacts
Nisun International Enterprise Development Group Co., Ltd
Investor Relations
Tel: +86 (21) 2357-0055
Email: ir@cnisun.com
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SOURCE Nisun International Enterprise Development Group Co., Ltd
