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Stock impact report

iClick Interactive Asia Group Limited Announces a 10b5-1 Trading Plan for Share Repurchases

iClick Interactive Asia Group Limited - American Depositary Shares (ICLK) 
Company Research Source: GlobeNewswire
HONG KONG, March 29, 2019 (GLOBE NEWSWIRE) -- iClick Interactive Asia Group Limited (“iClick”) (NASDAQ: ICLK), a leading independent online marketing and data technology platform in China, today announced that it entered into a trading plan on 27 March 2019 with an authorised brokerage firm in the United States (the “Plan”). The Plan is for the purpose of repurchasing iClick’s issued and outstanding American Depositary Shares (“ADSs”) in accordance with the guidelines specified under Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), and has been established pursuant to, and as part of, the $10-million share buyback program that was previously authorized by iClick’s board of directors and announced on November 28, 2018. Rule 10b5-1 allows a company to repurchase its shares or ADSs automatically and regularly at times when it otherwise might be prevented from doing so under the insider trading laws or because of self-imposed blackout periods, Show less Read more
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