Linkage Global Launches $8M Share Repurchase Following Nasdaq Ticker Change
UZX•Linkage Global approved an $8 million repurchase program for its Class A shares, funded by existing cash and future cash flow. The authorization, following the Nasdaq ticker change to UZX, reflects management’s confidence in its cross-border e-commerce model and commitment to returning capital while pursuing growth.
1. Share Repurchase Program Approval
Linkage Global’s board approved a share repurchase program authorizing up to $8 million of Class A ordinary shares, reflecting management’s intent to enhance shareholder value.
2. Strategic Rationale
The program follows the company’s recent Nasdaq ticker change to UZX, underscoring leadership’s confidence in its evolving cross-border e-commerce services and long-term growth strategy.
3. Implementation Mechanisms
Repurchases may occur via open-market transactions, block trades or privately negotiated deals at prevailing market prices, subject to regulatory rules and market conditions.
4. Funding and Flexibility
The program will be funded with existing cash and future cash flow, with the timing and volume of repurchases determined by cash position, stock price, liquidity needs and market conditions; the program may be modified or suspended at management’s discretion.
