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AMTD Digital Successfully Completed Its Share Repurchase Program

February 05, 2024 at 08:59 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

AMTD Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$50 million repurchase program previously announced. The board of directors is fully confident about the long-term sustainable developments of the Company and will be announcing and rolling out additional repurchase programme as the board sees fit and necessary.

Dr. Timothy Tong, Independent Chairman of the Company, commented, “We are committed to achieving long term sustainable values of the American depositary shares of the Company and we are confident that we will continue to build a strong and diverse business platform in the global market.”

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates four main business lines including digital solutions services, digital media, content and marketing services, digital investments as well as hospitality and VIP services. It is the fusion reactor at the core of the AMTD SpiderNet ecosystem and empowers and integrates the various digital businesses within its ecosystem. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD Digital Inc., are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD Digital Inc. with the SEC. All information provided in this press release is as of the date of this press release, and AMTD Digital Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.