The Board of Directors of Harrison Global Holdings Inc. has formally approved a Share Repurchase Program following the Company's recent reverse stock split. The Board unanimously authorized the Company to repurchase up to US$10 million of its issued and outstanding ordinary shares, provided the market price per share is below US$1.00 on a post-reverse-split basis. The buyback may be executed through open-market purchases, private transactions, block trades, Rule 10b5-1 trading plans, and other methods permissible under U.S. securities laws and Nasdaq rules. Co-Chairman and Co-CEO Mr. Ryoshin Nakade has been delegated authority to determine the timing, pricing, and structure of repurchases, make required regulatory filings, and execute related agreements. The Board emphasized that the share repurchase reflects confidence in the Company's long-term prospects and its belief that current market valuations do not represent the Company's intrinsic value.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harrison Global Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1111831) on November 25, 2025, and is solely responsible for the information contained therein.
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