InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces US$5 Million Share Repurchase Program
Dec 28, 2022
iClick (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced its board of directors has approved a share repurchase program. Under the program, the company may purchase its own ADSs with an aggregate value of up to US$5 million from Jan. 1 to Dec. 31, 2023. The company intends to fund the repurchase from its existing cash balance, including cash generated from its operations. iClick expects to effect the proposed share repurchase on the open market at prevailing market prices, in negotiated transactions off the market and/or in other legally permissible means as conditions warrant in compliance with applicable requirements of Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended, at times and in such amounts as the company deems appropriate.
To view the full press release, visit https://ibn.fm/T09M8
About iClick Interactive Asia Group Limited
Founded in 2009, iClick is a leading enterprise and marketing cloud platform in China. iClick’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in 11 locations across Asia and Europe. For more information, please visit ir.i-Click.com.
NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK
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