trending Market Intelligence /marketintelligence/en/news-insights/trending/8s4kIPf4dFHYfLDHc4yjow2 content esgSubNav
In This List

NetSol Technologies board OKs stock buyback program

Blog

The evolving world of central bank digital currencies

Blog

Expand Your Perspective Uncover Insights on Key Markets with Differentiated Data

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


NetSol Technologies board OKs stock buyback program

The board of NetSol Technologies Inc. approved a stock buyback program for the purchase of up to $5 million of the company's common stock.

The one-year program has two six-month phases, with the first phase allowing for the buyback of up to $2.5 million of shares from May 30 through Nov. 30.

After the initial expiration date, management will have the option to approve a secondary phase, covering up to $2.5 million in additional share repurchases. NetSol expects to fund the repurchases with its existing cash balance including cash generated from operations.