ZST Digital Networks, Inc. (ZSTN) Success Leads to Share Repurchase Program
ZST Digital Networks, www.shenyangkeji.com – the digital/optical network hardware provider and installer widely known among Chinese cable system operators for its excellent reputation and innovative offerings, announced a share repurchase program today. The Board of Directors at ZSTN validated the repurchase of an amount of shares not to exceed $1M in open market purchasing. Acquired shares, once purchased, will be cancelled and ZSTN will pursue the process in full accordance with Securities Exchange Act of 1934, Rule 10b-18. Chairman and CEO of ZSTN, Mr. Bo Zhong, called the authorization by the Company’s Board of Directors a clear indication of abundant…