SunCar board authorizes share buyback of up to $10 million
SDA•SunCar Technology Group's board authorized a share repurchase program of up to $10 million in Class A ordinary shares, expected to run for three months. The company plans to fund repurchases with cash on hand and cash generated from operations.
1. Repurchase program
SunCar Technology Group's board authorized a share repurchase program allowing the company to buy back up to $10 million in Class A ordinary shares. The program is expected to run for the next three months, with repurchases funded through cash on hand and cash generated from operations.
