AMTD Digital ADRs Rise 7.9% on Buyback Authorization

Dow Jones04-13

By Denny Jacob

American depositary receipts of AMTD Digital climbed 7.9% following a new share-repurchase program.

ADRs were trading around $3.41 and are down 18% year-to-date.

The digital solutions platform was authorized to repurchase up to $20 million of its American depositary shares or ordinary shares until the end of the last day of the first quarter in 2024.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

April 12, 2024 12:46 ET (16:46 GMT)

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