QualityStocksNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Board Approves Share Repurchase Program Up to $15 Million
iClick Interactive (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, and its board of directors has announced a share repurchase program. The program allows ICLK to purchase its own ADSs with an aggregate value of up to $15 million during the period of Dec. 30, 2020, to Dec. 31, 2021. The company intends to fund the repurchase using existing cash balance funds, which include monies generated from operations. iClick expects to effect the proposed program in three ways: on the open market at prevailing market prices, in negotiated transactions off the market, and in other permissible ways that are in…