Lucas GC (LGCL) announced that in terms of the share repurchase program that its board has approved, the company has made purchases, in the period between October 29 to November 7, of 96,243 ordinary shares at an average purchase price per share of $1.2189 and for an overall price of $117,312.53, which is gated by the daily trading volume of LGCL. Per the announcement made on August 8, the company’s board of directors had authorized a share repurchase program under which the company may repurchase up to $6M of its ordinary shares, the same gross amount of proceeds that it raised in its initial public offering completed in March.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LGCL:
- Lucas GC Limited Posts Higher Margins Amidst Revenue Dip
- Lucas GC Limited Financials Endorsed by Auditors
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
